Is 44011, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44011 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 44011 has remained a Seller's Market.

Key Takeaway

44011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44011, OH

How much do homes in 44011, OH cost?

Median Sold Price

$451,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,450(+12.6%)

Key Takeaway

Homes in 44011 have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in 44011 was $451,000 in November 2024, up 12.6% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $230K$285K
+23.9%
3 $349.7K$381.2K
+9.0%
4 $481.2K$532.5K
+10.6%
5+ $628K$742K
+18.2%

Summary: 44011 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 18.2%.

Median Sold Price Compared To Nearby Zip Codes

44011
+12.6%
44012
+12.2%
44140
+4.4%
44145
+3.2%
44054
0.0%

Housing Supply in 44011, OH

How many homes are available in 44011, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7160-15.5%

Summary: The 44011 real estate market had 60 homes for sale in November 2024, a 15.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2625
-3.8%
4 3324
-27.3%
5+ 64
-33.3%

Summary: The 44011 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44011, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 44011 in November 2024, down by 13.0% month-over-month. Of the 20 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.

Days on Market for 44011, OH

How long does it take to sell a home in 44011, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
49 Days28 Days-41.7%

Summary: Homes in 44011 had an average of 28 days on market in Nov 2024, down by 41.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44011 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 44011; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% 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 44011, OH

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