$2,256 Closing Credit*
$190,000
2 Beds
•1 Full Bath
Virginia Lindsay, Listing Office: Keller Williams Citywide
Is 44116, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,000(+4.0%)
Key Takeaway
Homes in 44116 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 44116 was $360,000 in October 2024, up 4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88K | $83.5K | -5.1% |
| 2 Bedrooms | $142.5K | $151.4K | +6.3% |
| 3 Bedrooms | $350K | $362K | +3.4% |
| 4 Bedrooms | $481.5K | $521.5K | +8.3% |
| 5+ Bedrooms | $495K | $774.5K | +56.5% |
Summary: 44116 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 56.5%.
Housing Supply in 44116, OH
How many homes are available in 44116, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 86 | -6.5% |
Summary: The 44116 real estate market had 86 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 44116 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 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. 69.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 44116 in October 2024, down by 25.8% month-over-month. Of the 23 sold homes, 70% were sold under asking, 9% were sold at asking, and 22% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 24 Days | -48.9% |
Summary: Homes in 44116 had an average of 24 days on market in Oct 2024, down by 48.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 23 homes were sold in 44116; 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.
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