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 October 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

$165,540

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,840(+8.4%)

Key Takeaway

Homes in 44111 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 44111 was $165,540 in October 2024, up 8.4% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $127.2K$135.5K
+6.5%
3 $150K$168.8K
+12.6%
4 $165K$181.3K
+9.9%
5+ $180K$179.9K
-0.1%

Summary: 44111 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 6.5%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Zip Codes

44126
+10.2%
44111
+8.4%
44135
+7.6%
44107
+6.9%
44116
+4.0%

Housing Supply in 44111, OH

How many homes are available in 44111, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
146155+6.2%

Summary: The 44111 real estate market had 155 homes for sale in October 2024, a 6.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2425
+4.2%
3 7074
+5.7%
4 3642
+16.7%
5+ 1614
-12.5%

Summary: The 44111 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 increased by 4.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4350+16.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

29 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. 58% of homes here sold above asking price last month.

Summary: A total of 50 homes were sold or pending in 44111 in October 2024, up by 16.3% month-over-month. Of the 50 sold homes, 32% were sold under asking, 10% were sold at asking, and 58% 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

Oct 2023Oct 2024CHANGE
21 Days21 Days-0.1%

Summary: Homes in 44111 had an average of 21 days on market in Oct 2024, down by 0.1% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 50 homes were sold in 44111; 66% of homes were sold within 30 days, 34% 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 44111, OH

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