Is 44022, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44022 is a seller's market

Buyer's
Market

Difference Since October 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

$562,500

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+2.3%)

Key Takeaway

Homes in 44022 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 44022 was $562,500 in October 2024, up 2.3% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $66K-
N/A
2 $363.5K$390K
+7.3%
3 $390K$450.1K
+15.4%
4 $657.5K$636K
-3.3%
5+ $944.9K$1.0M
+11.1%

Summary: 44022 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 7.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

44023
+17.2%
44072
+16.6%
44124
+6.7%
44022
+2.3%
44139
-5.9%

Housing Supply in 44022, OH

How many homes are available in 44022, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8567-21.2%

Summary: The 44022 real estate market had 67 homes for sale in October 2024, a 21.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1815
-16.7%
4 4126
-36.6%
5+ 1919
0.0%

Summary: The 44022 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 decreased by 16.7%, 4 bedroom homes decreased by 36.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44022, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 44022 in October 2024, down by 13.0% month-over-month. Of the 20 sold homes, 55% were sold under asking, 20% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
26 Days43 Days+67.1%

Summary: Homes in 44022 had an average of 43 days on market in Oct 2024, up by 67.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44022 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 44022; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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 15 Days Ago

Newest Listings in 44022, OH

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