Is 44127, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44127 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 44127 was a Seller's Market.

Key Takeaway

44127 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 44127, OH

How much do homes in 44127, OH cost?

Median Sold Price

$52,000

$31/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,050(+15.7%)

Key Takeaway

Homes in 44127 have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in 44127 was $52,000 in October 2024, up 15.7% from last year, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $19.5K$29K
+48.7%
3 $41K$50K
+22.0%
4 $47.5K$58K
+22.1%
5+ $47.5K$86.8K
+82.8%

Summary: 44127 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.7%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 82.8%.

Median Sold Price Compared To Nearby Zip Codes

44104
+32.7%
44127
+15.7%
44105
+11.3%

Housing Supply in 44127, OH

How many homes are available in 44127, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3841+7.9%

Summary: The 44127 real estate market had 41 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 1315
+15.4%
4 1313
0.0%
5+ 22
0.0%

Summary: The 44127 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44127, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 44127 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 44127, OH

How long does it take to sell a home in 44127, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days49 Days-18.9%

Summary: Homes in 44127 had an average of 49 days on market in Oct 2024, down by 18.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 44127 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 44127; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

Newest Listings in 44127, OH

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