Is 43988, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43988 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 43988 has remained a Seller's Market.

Key Takeaway

43988 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43988, OH

How much do homes in 43988, OH cost?

Median Sold Price

$266,750

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$86,750(+48.2%)

Key Takeaway

Homes in 43988 have sold for 48.2% more than they did a year ago.

Summary: The median home sold price in 43988 was $266,750 in October 2024, up 48.2% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $47.5K-
N/A
2 $180K$275K
+52.8%
3 $115K$225K
+95.7%
4 $355K$309.9K
-12.7%
5+ $350K-
N/A

Summary: 43988 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.8%, 3 bedroom homes increased by 95.7%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

43907
+56.1%
43988
+48.2%
44615
+13.1%
43986
+11.4%

Housing Supply in 43988, OH

How many homes are available in 43988, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1921+10.5%

Summary: The 43988 real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 79
+28.6%
4 66
0.0%
5+ 22
0.0%

Summary: The 43988 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 increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43988, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 43988 in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for 43988, OH

How long does it take to sell a home in 43988, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days35 Days-23.9%

Summary: Homes in 43988 had an average of 35 days on market in Oct 2024, down by 23.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43988 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 43988; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in 43988, OH

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