Is 44109, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44109 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44109 has remained a Seller's Market.

Key Takeaway

44109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44109, OH

How much do homes in 44109, OH cost?

Median Sold Price

$150,000

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+11.1%)

Key Takeaway

Homes in 44109 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 44109 was $150,000 in October 2024, up 11.1% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $40K$134.5K
+236.2%
2 $103.2K$103K
-0.2%
3 $133K$150K
+12.8%
4 $137.5K$150K
+9.1%
5+ $143K$170K
+18.9%

Summary: 44109 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 236.2%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Zip Codes

44144
+12.2%
44105
+11.3%
44109
+11.1%
44113
+9.4%
44102
+7.0%

Housing Supply in 44109, OH

How many homes are available in 44109, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
174163-6.3%

Summary: The 44109 real estate market had 163 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1210
-16.7%
3 7068
-2.9%
4 5853
-8.6%
5+ 3331
-6.1%

Summary: The 44109 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 decreased by 16.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 6.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5437-31.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44109, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 44109 in October 2024, down by 31.5% month-over-month. Of the 36 sold homes, 47% were sold under asking, 8% were sold at asking, and 44% were sold over asking.

Days on Market for 44109, OH

How long does it take to sell a home in 44109, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days24 Days-28.5%

Summary: Homes in 44109 had an average of 24 days on market in Oct 2024, down by 28.5% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44109 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in 44109; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% 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 44109, OH

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