Is 43623, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43623 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 43623 has remained a Seller's Market.

Key Takeaway

43623 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43623, OH

How much do homes in 43623, OH cost?

Median Sold Price

$181,900

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,566(+9.4%)

Key Takeaway

Homes in 43623 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 43623 was $181,900 in October 2024, up 9.4% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $65K$75K
+15.4%
2 $134.5K$148.5K
+10.4%
3 $158.2K$176.5K
+11.5%
4 $273.8K$274K
0.1%
5+ $357.5K$585K
+63.6%

Summary: 43623 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 63.6%.

Median Sold Price Compared To Nearby Zip Codes

43613
+11.1%
43623
+9.4%
43560
+8.6%
48144
+5.7%
43606
+4.5%

Housing Supply in 43623, OH

How many homes are available in 43623, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6975+8.7%

Summary: The 43623 real estate market had 75 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 95
-44.4%
3 3641
+13.9%
4 1924
+26.3%
5+ 44
0.0%

Summary: The 43623 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 decreased by 44.4%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2421-12.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43623, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 43623 in October 2024, down by 12.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 10% were sold at asking, and 43% were sold over asking.

Days on Market for 43623, OH

How long does it take to sell a home in 43623, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days48 Days+17.6%

Summary: Homes in 43623 had an average of 48 days on market in Oct 2024, up by 17.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 43623 has remained consistent over time.

Summary: During October 2024, 21 homes were sold in 43623; 24% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 10% 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 14 Days Ago

Newest Listings in 43623, OH

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