Is 44012, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44012 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 44012 has remained a Seller's Market.

Key Takeaway

44012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44012, OH

How much do homes in 44012, OH cost?

Median Sold Price

$390,666

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,366(+12.2%)

Key Takeaway

Homes in 44012 have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in 44012 was $390,666 in November 2024, up 12.2% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $79K$84.9K
+7.5%
2 $240K$275K
+14.6%
3 $290K$337.5K
+16.4%
4 $500K$545K
+9.0%
5+ $521K$685K
+31.5%

Summary: 44012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 31.5%.

Median Sold Price Compared To Nearby Zip Codes

44012
+12.2%
44140
+4.4%

Housing Supply in 44012, OH

How many homes are available in 44012, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9283-9.8%

Summary: The 44012 real estate market had 83 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1513
-13.3%
3 3733
-10.8%
4 3328
-15.2%
5+ 79
+28.6%

Summary: The 44012 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 decreased by 13.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2327+17.4%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44012, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 44012 in November 2024, up by 17.4% month-over-month. Of the 27 sold homes, 59% were sold under asking, 4% were sold at asking, and 37% were sold over asking.

Days on Market for 44012, OH

How long does it take to sell a home in 44012, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days27 Days-27.6%

Summary: Homes in 44012 had an average of 27 days on market in Nov 2024, down by 27.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44012 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in 44012; 63% of homes were sold within 30 days, 37% 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 17 Days Ago

Newest Listings in 44012, OH

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