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 December 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

$201,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,000(+13.5%)

Key Takeaway

Homes in 44041 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 44041 was $201,500 in December 2024, up 13.5% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $71K$84.9K
+19.6%
2 $142.2K$179.5K
+26.2%
3 $195K$195.2K
0.1%
4 $244.9K$280K
+14.3%
5+ $166.5K$209K
+25.5%

Summary: 44041 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 25.5%.

Median Sold Price Compared To Nearby Zip Codes

44041
+13.5%
44057
0.5%
44086
-25.9%

Housing Supply in 44041, OH

How many homes are available in 44041, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6453-17.2%

Summary: The 44041 real estate market had 53 homes for sale in December 2024, a 17.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 137
-46.2%
3 3732
-13.5%
4 66
0.0%
5+ 88
0.0%

Summary: The 44041 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 46.2%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44041, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 44041 in December 2024, down by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% 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

Dec 2023Dec 2024CHANGE
65 Days85 Days+30.1%

Summary: Homes in 44041 had an average of 85 days on market in Dec 2024, up by 30.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44041 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 12 homes were sold in 44041; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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 7 Days Ago

Newest Listings in 44041, OH

Nearby Markets to 44041, OH