Is 43056, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43056 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 43056 was a Seller's Market.

Key Takeaway

43056 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 43056, OH

How much do homes in 43056, OH cost?

Median Sold Price

$275,000

$173/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 43056 has remained the same since last year.

Summary: The median home sold price in 43056 was $275,000 in November 2024, the same as last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $227K$275K
+21.1%
3 $256.4K$259.5K
+1.2%
4 $339.9K$363.3K
+6.9%
5+ $482.5K$520K
+7.8%

Summary: 43056 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

43076
+3.6%
43055
+1.6%
43056
0.0%

Housing Supply in 43056, OH

How many homes are available in 43056, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The 43056 real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 98
-11.1%
4 22
0.0%
5+ 22
0.0%

Summary: The 43056 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43056, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 43056 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 43056, OH

How long does it take to sell a home in 43056, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days172 Days+713.8%

Summary: Homes in 43056 had an average of 172 days on market in Nov 2024, up by 713.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 43056 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in 43056; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in 43056, OH

Nearby Markets to 43056, OH