$4,630 Closing Credit*
$389,900
3,292 SqFt
3 Beds
•3 Full Baths
Sam LoFaso, Listing Office: LoFaso Real Estate Services
Is 44131, 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, 44131 has remained a Seller's Market.
Key Takeaway
44131 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44131, OH
How much do homes in 44131, OH cost?
Median Sold Price
$315,300
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,300(+16.8%)
Key Takeaway
Homes in 44131 have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in 44131 was $315,300 in October 2024, up 16.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $215.5K | +5.1% |
| 3 Bedrooms | $261K | $301K | +15.3% |
| 4 Bedrooms | $310K | $362.4K | +16.9% |
| 5+ Bedrooms | $357K | $400.5K | +12.2% |
Summary: 44131 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 5.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 12.2%.
Housing Supply in 44131, OH
How many homes are available in 44131, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 62 | 0.0% |
Summary: The 44131 real estate market had 62 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 15 | 19 | +26.7% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The 44131 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 40%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44131, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 44131 in October 2024, up by 11.8% month-over-month. Of the 19 sold homes, 53% were sold under asking, 16% were sold at asking, and 32% were sold over asking.
Days on Market for 44131, OH
How long does it take to sell a home in 44131, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +1.0% |
Summary: Homes in 44131 had an average of 27 days on market in Oct 2024, up by 1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44131 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 44131; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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