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 22 Days Ago

Newest Listings in 43988, OH

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