Is 44117, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44117 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 44117 was a Seller's Market.

Key Takeaway

44117 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 44117, OH

How much do homes in 44117, OH cost?

Median Sold Price

$167,500

$90/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$48,500(+40.8%)

Key Takeaway

Homes in 44117 have sold for 40.8% more than they did a month ago.

Summary: The median home sold price in 44117 was $167,500 in October 2024, up 40.8% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$84K
N/A
3 $119K$175K
+47.1%
4 $132.5K$180K
+35.8%
5+ --
N/A

Summary: 44117 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 47.1%, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes did not change.

Housing Supply in 44117, OH

How many homes are available in 44117, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2837+32.1%

Summary: The 44117 real estate market had 37 homes for sale in October 2024, a 32.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 37
+133.3%
3 1820
+11.1%
4 710
+42.9%
5+ 00
0.0%

Summary: The 44117 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 133.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44117, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 44117 in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 44117, OH

How long does it take to sell a home in 44117, OH?

Average Sale Time

Sep 2024Oct 2024CHANGE
28 Days42 Days+49.5%

Summary: Homes in 44117 had an average of 42 days on market in Oct 2024, up by 49.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44117 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 44117; 25% of homes were sold within 30 days, 75% 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 15 Days Ago

Newest Listings in 44117, OH

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