Is 44050, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44050 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44050 has remained a Seller's Market.

Key Takeaway

44050 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44050, OH

How much do homes in 44050, OH cost?

Median Sold Price

$265,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,250(+11.0%)

Key Takeaway

Homes in 44050 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 44050 was $265,500 in October 2024, up 11% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $206K$157.5K
-23.5%
3 $233.5K$246.4K
+5.5%
4 $285K$422K
+48.1%
5+ $242.5K$495K
+104.1%

Summary: 44050 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 decreased by 23.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes increased by 104.1%.

Median Sold Price Compared To Nearby Zip Codes

44074
+19.4%
44035
+15.3%
44050
+11.0%
44090
-4.1%
44044
-11.3%

Housing Supply in 44050, OH

How many homes are available in 44050, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3124-22.6%

Summary: The 44050 real estate market had 24 homes for sale in October 2024, a 22.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1917
-10.5%
4 117
-36.4%
5+ 00
0.0%

Summary: The 44050 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 decreased by 100%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44050, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 44050 in October 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 44050, OH

How long does it take to sell a home in 44050, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days37 Days+115.6%

Summary: Homes in 44050 had an average of 37 days on market in Oct 2024, up by 115.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44050 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 44050; 57% of homes were sold within 30 days, 43% 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 14 Days Ago

Newest Listings in 44050, OH

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