$3,788 Closing Credit*
$319,000
1,270 SqFt
3 Beds
•2 Full Baths
Margaret A Walsh, Listing Office: Berkshire Hathaway HomeServices Lucien Realty
Is 44116, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 44116 has remained a Seller's Market.
Key Takeaway
44116 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44116, OH
How much do homes in 44116, OH cost?
Median Sold Price
$360,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,812(+2.8%)
Key Takeaway
Homes in 44116 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 44116 was $360,000 in November 2024, up 2.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | $83.5K | -6.2% |
| 2 Bedrooms | $139K | $150K | +7.9% |
| 3 Bedrooms | $355K | $362K | +2.0% |
| 4 Bedrooms | $510K | $515K | +1.0% |
| 5+ Bedrooms | $495K | $816.9K | +65.0% |
Summary: 44116 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 65%.
Housing Supply in 44116, OH
How many homes are available in 44116, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 88 | +1.1% |
Summary: The 44116 real estate market had 88 homes for sale in November 2024, a 1.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 37 | 41 | +10.8% |
| 4 Bedrooms | 24 | 24 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 44116 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 10.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44116, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 44116 in November 2024, up by 17.4% month-over-month. Of the 27 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.
Days on Market for 44116, OH
How long does it take to sell a home in 44116, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 26 Days | -69.5% |
Summary: Homes in 44116 had an average of 26 days on market in Nov 2024, down by 69.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44116 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in 44116; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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