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 21 Days Ago

Newest Listings in 44062, OH

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