$949 Closing Credit*
$79,900
1,848 SqFt
4 Beds
•2 Full Baths
Erin Dorsey Robinson, Listing Office: Keller Williams Greater Cleveland Northeast
Is 44120, 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, 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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49.7K | $47.7K | -4.0% |
| 2 Bedrooms | $78.2K | $60.2K | -23.0% |
| 3 Bedrooms | $95K | $90K | -5.3% |
| 4 Bedrooms | $110K | $120.5K | +9.5% |
| 5+ Bedrooms | $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%.
Housing Supply in 44120, OH
How many homes are available in 44120, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 197 | 208 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 25 | 21 | -16.0% |
| 3 Bedrooms | 56 | 69 | +23.2% |
| 4 Bedrooms | 66 | 69 | +4.5% |
| 5+ Bedrooms | 48 | 46 | -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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 42 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
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.
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