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 October 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

$105,125

$58/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,750(-10.1%)

Key Takeaway

Homes in 44120 have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in 44120 was $105,125 in October 2024, down 10.1% from last year, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $49.7K$47.7K
-4.0%
2 $78.2K$60.2K
-23.0%
3 $95K$90K
-5.3%
4 $110K$120.5K
+9.5%
5+ $206.4K$166K
-19.6%

Summary: 44120 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes decreased by 23%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 19.6%.

Median Sold Price Compared To Nearby Zip Codes

44104
+32.7%
44105
+11.3%
44118
+2.3%
44106
-0.8%
44120
-10.1%

Housing Supply in 44120, OH

How many homes are available in 44120, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
197208+5.6%

Summary: The 44120 real estate market had 208 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 2521
-16.0%
3 5669
+23.2%
4 6669
+4.5%
5+ 4846
-4.2%

Summary: The 44120 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 4.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3238+18.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 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. 42.1% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 44120 in October 2024, up by 18.8% month-over-month. Of the 38 sold homes, 42% were sold under asking, 21% were sold at asking, and 37% 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

Oct 2023Oct 2024CHANGE
34 Days42 Days+25.3%

Summary: Homes in 44120 had an average of 42 days on market in Oct 2024, up by 25.3% compared to last year.

Breakdown of Home Sale Times

21 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 October 2024, 38 homes were sold in 44120; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% 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 24 Days Ago

Newest Listings in 44120, OH

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