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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44117 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 44117 was a Buyer's Market.

Key Takeaway

44117 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44117, OH

How much do homes in 44117, OH cost?

Median Sold Price

$163,950

$80/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$3,550(-2.1%)

Key Takeaway

Homes in 44117 have sold for 2.1% less than they did a month ago.

Summary: The median home sold price in 44117 was $163,950 in November 2024, down 2.1% from last month, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $84K-
N/A
3 $175K$170.4K
-2.6%
4 $180K$150.2K
-16.5%
5+ --
N/A

Summary: 44117 housing prices by bedroom type for November 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 decreased by 2.6%, 4 bedroom homes decreased by 16.5%, 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

Oct 2024Nov 2024CHANGE
3739+5.4%

Summary: The 44117 real estate market had 39 homes for sale in November 2024, a 5.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2020
0.0%
4 1012
+20.0%
5+ 00
0.0%

Summary: The 44117 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 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 may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 44117 in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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

Oct 2024Nov 2024CHANGE
42 Days37 Days-11.8%

Summary: Homes in 44117 had an average of 37 days on market in Nov 2024, down by 11.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 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 November 2024, 8 homes were sold in 44117; 38% of homes were sold within 30 days, 63% 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 17 Days Ago

Newest Listings in 44117, OH

Nearby Markets to 44117, OH