Is 44087, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44087 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 44087 has remained a Seller's Market.

Key Takeaway

44087 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44087, OH

How much do homes in 44087, OH cost?

Median Sold Price

$318,500

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,500(-2.6%)

Key Takeaway

Homes in 44087 have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in 44087 was $318,500 in November 2024, down 2.6% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90K$125K
+38.9%
2 $250K$225.5K
-9.8%
3 $276K$280K
+1.4%
4 $438.5K$442.5K
+0.9%
5+ $574.4K$509.9K
-11.2%

Summary: 44087 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.9%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 11.2%.

Median Sold Price Compared To Nearby Zip Codes

44236
+7.8%
44056
+6.9%
44202
+2.7%
44087
-2.6%
44139
-5.9%

Housing Supply in 44087, OH

How many homes are available in 44087, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6158-4.9%

Summary: The 44087 real estate market had 58 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 2625
-3.8%
4 2219
-13.6%
5+ 54
-20.0%

Summary: The 44087 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44087, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 44087 in November 2024, down by 11.1% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.

Days on Market for 44087, OH

How long does it take to sell a home in 44087, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days25 Days+4.8%

Summary: Homes in 44087 had an average of 25 days on market in Nov 2024, up by 4.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44087 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 44087; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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 17 Days Ago

Newest Listings in 44087, OH

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