Is 44001, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44001 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44001 has remained a Seller's Market.

Key Takeaway

44001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44001, OH

How much do homes in 44001, OH cost?

Median Sold Price

$251,250

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,750(-1.5%)

Key Takeaway

Homes in 44001 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 44001 was $251,250 in October 2024, down 1.5% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $171.9K$180K
+4.7%
3 $235K$238K
+1.3%
4 $290K$318.5K
+9.8%
5+ $329.9K$590K
+78.8%

Summary: 44001 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 4.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 78.8%.

Median Sold Price Compared To Nearby Zip Codes

44089
+20.0%
44074
+19.4%
44053
+15.4%
44052
+8.8%
44001
-1.5%

Housing Supply in 44001, OH

How many homes are available in 44001, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5961+3.4%

Summary: The 44001 real estate market had 61 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 3235
+9.4%
4 1416
+14.3%
5+ 33
0.0%

Summary: The 44001 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 30%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44001, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 44001 in October 2024, down by 5.6% month-over-month. Of the 17 sold homes, 41% were sold under asking, 6% were sold at asking, and 53% were sold over asking.

Days on Market for 44001, OH

How long does it take to sell a home in 44001, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days33 Days-3.4%

Summary: Homes in 44001 had an average of 33 days on market in Oct 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44001 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 44001; 35% of homes were sold within 30 days, 65% 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 22 Days Ago

Newest Listings in 44001, OH

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