$3,680 Closing Credit*
$309,900
2,957 SqFt
5 Beds
•3 Full Baths
Jean M Carney, Listing Office: McDowell Homes Real Estate Services
Is 44118, 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, 44118 has remained a Seller's Market.
Key Takeaway
44118 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44118, OH
How much do homes in 44118, OH cost?
Median Sold Price
$240,400
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,400(+2.3%)
Key Takeaway
Homes in 44118 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 44118 was $240,400 in October 2024, up 2.3% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $66K | +20.0% |
| 2 Bedrooms | $143.3K | $173K | +20.7% |
| 3 Bedrooms | $200K | $215.8K | +7.9% |
| 4 Bedrooms | $260K | $280K | +7.7% |
| 5+ Bedrooms | $275K | $282K | +2.5% |
Summary: 44118 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 44118, OH
How many homes are available in 44118, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 203 | 212 | +4.4% |
Summary: The 44118 real estate market had 212 homes for sale in October 2024, a 4.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 67 | 80 | +19.4% |
| 4 Bedrooms | 77 | 77 | 0.0% |
| 5+ Bedrooms | 51 | 46 | -9.8% |
Summary: The 44118 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 9.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 37 | -22.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44118, you may be able to get a good deal. 43.2% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 44118 in October 2024, down by 22.9% month-over-month. Of the 37 sold homes, 43% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for 44118, OH
How long does it take to sell a home in 44118, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 33 Days | +4.2% |
Summary: Homes in 44118 had an average of 33 days on market in Oct 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44118 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in 44118; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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