Is 44041, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44041 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44041 has remained a Seller's Market.

Key Takeaway

44041 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44041, OH

How much do homes in 44041, OH cost?

Median Sold Price

$195,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,500(+11.1%)

Key Takeaway

Homes in 44041 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 44041 was $195,500 in October 2024, up 11.1% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $73K$84.9K
+16.4%
2 $138K$183.6K
+33.0%
3 $195K$195.2K
0.1%
4 $239.9K$265K
+10.5%
5+ $178K$205.5K
+15.4%

Summary: 44041 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes increased by 33%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

44084
+19.8%
44041
+11.1%
44057
+4.1%

Housing Supply in 44041, OH

How many homes are available in 44041, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5860+3.4%

Summary: The 44041 real estate market had 60 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 78
+14.3%
3 4039
-2.5%
4 78
+14.3%
5+ 45
+25.0%

Summary: The 44041 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 increased by 14.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14140.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44041, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 44041 in October 2024, the same as the previous month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.

Days on Market for 44041, OH

How long does it take to sell a home in 44041, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days60 Days+45.5%

Summary: Homes in 44041 had an average of 60 days on market in Oct 2024, up by 45.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44041 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 44041; 21% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 21% 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 5 Days Ago

Newest Listings in 44041, OH

Nearby Markets to 44041, OH