Is 44053, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44053 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 44053 has remained a Seller's Market.

Key Takeaway

44053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44053, OH

How much do homes in 44053, OH cost?

Median Sold Price

$225,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,000(+13.1%)

Key Takeaway

Homes in 44053 have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in 44053 was $225,000 in December 2024, up 13.1% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $74K$88.5K
+19.6%
2 $158.4K$188K
+18.7%
3 $191K$218.2K
+14.3%
4 $277K$276.5K
-0.2%
5+ $450K$260K
-42.2%

Summary: 44053 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 18.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 42.2%.

Median Sold Price Compared To Nearby Zip Codes

44089
+19.0%
44035
+15.7%
44053
+13.1%
44052
+4.6%
44001
+1.7%

Housing Supply in 44053, OH

How many homes are available in 44053, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8466-21.4%

Summary: The 44053 real estate market had 66 homes for sale in December 2024, a 21.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1410
-28.6%
3 4133
-19.5%
4 2115
-28.6%
5+ 88
0.0%

Summary: The 44053 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 28.6%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2718-33.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44053, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 44053 in December 2024, down by 33.3% month-over-month. Of the 18 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.

Days on Market for 44053, OH

How long does it take to sell a home in 44053, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
45 Days46 Days+3.1%

Summary: Homes in 44053 had an average of 46 days on market in Dec 2024, up by 3.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44053 has remained consistent over time.

Summary: During December 2024, 18 homes were sold in 44053; 39% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 11% 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 2 Days Ago

Newest Listings in 44053, OH

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