Is 44120, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44120 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 44120 has remained a Seller's Market.

Key Takeaway

44120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44120, OH

How much do homes in 44120, OH cost?

Median Sold Price

$110,416

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$5,416(-4.7%)

Key Takeaway

Homes in 44120 have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in 44120 was $110,416 in December 2024, down 4.7% from last year, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $60K$47.5K
-20.8%
2 $71K$62K
-12.7%
3 $90K$91K
+1.1%
4 $117.5K$121K
+3.0%
5+ $207.5K$162K
-21.9%

Summary: 44120 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 21.9%.

Median Sold Price Compared To Nearby Zip Codes

44104
+23.0%
44105
+9.8%
44118
+2.5%
44106
+1.1%
44120
-4.7%

Housing Supply in 44120, OH

How many homes are available in 44120, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
179165-7.8%

Summary: The 44120 real estate market had 165 homes for sale in December 2024, a 7.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 1617
+6.3%
3 5652
-7.1%
4 5655
-1.8%
5+ 4940
-18.4%

Summary: The 44120 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 18.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3332-3.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44120, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 44120 in December 2024, down by 3.0% month-over-month. Of the 32 sold homes, 66% were sold under asking, 16% were sold at asking, and 19% were sold over asking.

Days on Market for 44120, OH

How long does it take to sell a home in 44120, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
56 Days52 Days-7.9%

Summary: Homes in 44120 had an average of 52 days on market in Dec 2024, down by 7.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44120 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 32 homes were sold in 44120; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% 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 2 Days Ago

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