Is 43516, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43516 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 43516 has remained a Seller's Market.

Key Takeaway

43516 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43516, OH

How much do homes in 43516, OH cost?

Median Sold Price

$139,900

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$100(-0.1%)

Key Takeaway

The sold price of homes in 43516 has remained the same since last year.

Summary: The median home sold price in 43516 was $139,900 in November 2024, down 0.1% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$118K
N/A
2 $70.5K$100K
+41.8%
3 $138.2K$139.9K
+1.2%
4 $140K$170.9K
+22.1%
5+ $238K$168.7K
-29.1%

Summary: 43516 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 41.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 29.1%.

Housing Supply in 43516, OH

How many homes are available in 43516, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The 43516 real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 56
+20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 43516 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 increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43516, 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 43516 in November 2024, down by 33.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 43516, OH

How long does it take to sell a home in 43516, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days49 Days-2.9%

Summary: Homes in 43516 had an average of 49 days on market in Nov 2024, down by 2.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43516 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 43516; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in 43516, OH

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