Is 44113, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44113 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 44113 was a Seller's Market.

Key Takeaway

44113 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 44113, OH

How much do homes in 44113, OH cost?

Median Sold Price

$350,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+9.4%)

Key Takeaway

Homes in 44113 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 44113 was $350,000 in October 2024, up 9.4% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $154.9K$161K
+3.9%
2 $280K$305K
+8.9%
3 $478.7K$528K
+10.3%
4 $278.7K$340.1K
+22.0%
5+ $285K$350.7K
+23.1%

Summary: 44113 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Zip Codes

44109
+11.1%
44113
+9.4%
44102
+7.0%

Housing Supply in 44113, OH

How many homes are available in 44113, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113111-1.8%

Summary: The 44113 real estate market had 111 homes for sale in October 2024, a 1.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 87
-12.5%
2 3735
-5.4%
3 4342
-2.3%
4 1418
+28.6%
5+ 119
-18.2%

Summary: The 44113 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44113, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 44113 in October 2024, up by 20.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 6% were sold at asking, and 17% were sold over asking.

Days on Market for 44113, OH

How long does it take to sell a home in 44113, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
74 Days87 Days+16.4%

Summary: Homes in 44113 had an average of 87 days on market in Oct 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44113 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 44113; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 39% 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 44113, OH

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