Is 44231, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44231 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 44231 has remained a Seller's Market.

Key Takeaway

44231 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44231, OH

How much do homes in 44231, OH cost?

Median Sold Price

$269,500

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$32,000(+13.5%)

Key Takeaway

Homes in 44231 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 44231 was $269,500 in December 2024, up 13.5% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $187.5K-
N/A
2 $164K$190K
+15.9%
3 $224.3K$217.5K
-3.0%
4 $276.5K$363K
+31.3%
5+ $253.3K$437.5K
+72.7%

Summary: 44231 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 72.7%.

Median Sold Price Compared To Nearby Zip Codes

44470
+21.5%
44231
+13.5%
44288
+9.7%
44234
-51.0%

Housing Supply in 44231, OH

How many homes are available in 44231, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2124+14.3%

Summary: The 44231 real estate market had 24 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 912
+33.3%
4 98
-11.1%
5+ 01
+100.0%

Summary: The 44231 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44231, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 44231 in December 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 44231, OH

How long does it take to sell a home in 44231, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
43 Days33 Days-22.8%

Summary: Homes in 44231 had an average of 33 days on market in Dec 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 44231 has remained consistent over time.

Summary: During December 2024, 5 homes were sold in 44231; 40% of homes were sold within 30 days, 60% 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 2 Days Ago

Newest Listings in 44231, OH

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