Is 44111, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44111 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 44111 has remained a Seller's Market.

Key Takeaway

44111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44111, OH

How much do homes in 44111, OH cost?

Median Sold Price

$170,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+9.7%)

Key Takeaway

Homes in 44111 have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in 44111 was $170,000 in November 2024, up 9.7% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $127.5K$136.9K
+7.4%
3 $153K$170K
+11.1%
4 $165K$185K
+12.1%
5+ $165.9K$179.9K
+8.5%

Summary: 44111 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Zip Codes

44126
+11.8%
44111
+9.7%
44135
+7.1%
44107
+6.8%
44116
+2.8%

Housing Supply in 44111, OH

How many homes are available in 44111, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148146-1.4%

Summary: The 44111 real estate market had 146 homes for sale in November 2024, a 1.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2519
-24.0%
3 7073
+4.3%
4 3940
+2.6%
5+ 1414
0.0%

Summary: The 44111 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 decreased by 24%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5227-48.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44111, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 44111 in November 2024, down by 48.1% month-over-month. Of the 27 sold homes, 37% were sold under asking, 7% were sold at asking, and 56% were sold over asking.

Days on Market for 44111, OH

How long does it take to sell a home in 44111, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days23 Days-11.3%

Summary: Homes in 44111 had an average of 23 days on market in Nov 2024, down by 11.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44111 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in 44111; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% 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 10 Days Ago

Newest Listings in 44111, OH

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