Is 43123, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43123 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 43123 has remained a Seller's Market.

Key Takeaway

43123 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43123, OH

How much do homes in 43123, OH cost?

Median Sold Price

$343,600

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,320(+9.3%)

Key Takeaway

Homes in 43123 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 43123 was $343,600 in October 2024, up 9.3% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$225K
+32.4%
2 $244.9K$261K
+6.6%
3 $289.9K$322K
+11.0%
4 $383.6K$392.7K
+2.4%
5+ $525K$503.5K
-4.1%

Summary: 43123 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 4.1%.

Housing Supply in 43123, OH

How many homes are available in 43123, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3629-19.4%

Summary: The 43123 real estate market had 29 homes for sale in October 2024, a 19.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2016
-20.0%
4 118
-27.3%
5+ 11
0.0%

Summary: The 43123 housing inventory by bedroom type for October 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 20%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43123, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 43123 in October 2024, up by 100.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.

Days on Market for 43123, OH

How long does it take to sell a home in 43123, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days141 Days+435.9%

Summary: Homes in 43123 had an average of 141 days on market in Oct 2024, up by 435.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 43123 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 12 homes were sold in 43123; 25% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 58% 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 4 Days Ago

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