Is 44107, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44107 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44107 has remained a Seller's Market.

Key Takeaway

44107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44107, OH

How much do homes in 44107, OH cost?

Median Sold Price

$300,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,240(+6.9%)

Key Takeaway

Homes in 44107 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 44107 was $300,000 in October 2024, up 6.9% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K$95K
0.0%
2 $179K$187.4K
+4.7%
3 $279.9K$292.5K
+4.5%
4 $320K$336K
+5.0%
5+ $350K$388K
+10.9%

Summary: 44107 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 increased by 4.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 10.9%.

Median Sold Price Compared To Nearby Zip Codes

44111
+8.4%
44102
+7.0%
44107
+6.9%
44116
+4.0%

Housing Supply in 44107, OH

How many homes are available in 44107, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
189199+5.3%

Summary: The 44107 real estate market had 199 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2123
+9.5%
2 2326
+13.0%
3 5461
+13.0%
4 5960
+1.7%
5+ 3229
-9.4%

Summary: The 44107 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 9.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5462+14.8%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44107, you could pay more than the asking price. 54.8% of homes here sold above asking price last month.

Summary: A total of 62 homes were sold or pending in 44107 in October 2024, up by 14.8% month-over-month. Of the 62 sold homes, 32% were sold under asking, 13% were sold at asking, and 55% were sold over asking.

Days on Market for 44107, OH

How long does it take to sell a home in 44107, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days21 Days+14.3%

Summary: Homes in 44107 had an average of 21 days on market in Oct 2024, up by 14.3% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44107 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 62 homes were sold in 44107; 73% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% 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 44107, OH

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