Is 43701, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43701 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 43701 has remained a Seller's Market.

Key Takeaway

43701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43701, OH

How much do homes in 43701, OH cost?

Median Sold Price

$188,590

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,640(+7.8%)

Key Takeaway

Homes in 43701 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 43701 was $188,590 in October 2024, up 7.8% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $128K$96.5K
-24.6%
2 $131K$140.5K
+7.3%
3 $194.2K$211.6K
+9.0%
4 $255K$233K
-8.6%
5+ $240K$209.2K
-12.8%

Summary: 43701 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.6%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 12.8%.

Housing Supply in 43701, OH

How many homes are available in 43701, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
180208+15.6%

Summary: The 43701 real estate market had 208 homes for sale in October 2024, a 15.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 4038
-5.0%
3 106130
+22.6%
4 2429
+20.8%
5+ 1011
+10.0%

Summary: The 43701 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 5%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3842+10.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43701, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 43701 in October 2024, up by 10.5% month-over-month. Of the 42 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.

Days on Market for 43701, OH

How long does it take to sell a home in 43701, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days41 Days-17.1%

Summary: Homes in 43701 had an average of 41 days on market in Oct 2024, down by 17.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 43701 has remained consistent over time.

Summary: During October 2024, 42 homes were sold in 43701; 33% of homes were sold within 30 days, 57% 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 17 Days Ago

Newest Listings in 43701, OH

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