$10,000 Closing Credit*
$2,395,000
3,969 SqFt
5 Beds
•4 Full Baths, 1 Partial
David B Ayers, Listing Office: The Agency Cleveland Northcoast
Is 44022, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 44022 has remained a Seller's Market.
Key Takeaway
44022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44022, OH
How much do homes in 44022, OH cost?
Median Sold Price
$575,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+4.5%)
Key Takeaway
Homes in 44022 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 44022 was $575,000 in November 2024, up 4.5% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66K | - | N/A |
| 2 Bedrooms | $379.5K | $383K | +0.9% |
| 3 Bedrooms | $391K | $482.5K | +23.4% |
| 4 Bedrooms | $645K | $625K | -3.1% |
| 5+ Bedrooms | $950K | $1.0M | +9.6% |
Summary: 44022 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 0.9%, 3 bedroom homes increased by 23.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in 44022, OH
How many homes are available in 44022, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 54 | -23.9% |
Summary: The 44022 real estate market had 54 homes for sale in November 2024, a 23.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 27 | 19 | -29.6% |
| 5+ Bedrooms | 21 | 16 | -23.8% |
Summary: The 44022 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 42.9%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes decreased by 23.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 12 | -42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44022, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 44022 in November 2024, down by 42.9% month-over-month. Of the 12 sold homes, 58% were sold under asking, 0% were sold at asking, and 42% were sold over asking.
Days on Market for 44022, OH
How long does it take to sell a home in 44022, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 95 Days | +146.2% |
Summary: Homes in 44022 had an average of 95 days on market in Nov 2024, up by 146.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44022 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 44022; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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