Is 44062, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44062 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44062 has remained a Seller's Market.

Key Takeaway

44062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44062, OH

How much do homes in 44062, OH cost?

Median Sold Price

$260,450

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,925(-1.1%)

Key Takeaway

Homes in 44062 have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in 44062 was $260,450 in October 2024, down 1.1% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $126K-
N/A
2 $160K$156.5K
-2.2%
3 $260K$290K
+11.5%
4 $317.8K$319.5K
0.5%
5+ $1.1M$227K
-81.1%

Summary: 44062 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 2.2%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 81.1%.

Median Sold Price Compared To Nearby Zip Codes

44021
+10.3%
44062
-1.1%
44491
-2.4%
44046
-26.1%

Housing Supply in 44062, OH

How many homes are available in 44062, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2425+4.2%

Summary: The 44062 real estate market had 25 homes for sale in October 2024, a 4.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1514
-6.7%
4 65
-16.7%
5+ 14
+300.0%

Summary: The 44062 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 6.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 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 44062, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 44062 in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for 44062, OH

How long does it take to sell a home in 44062, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days45 Days-13.3%

Summary: Homes in 44062 had an average of 45 days on market in Oct 2024, down by 13.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44062 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 44062; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in 44062, OH

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