Is 44253, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44253 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44253 has remained a Seller's Market.

Key Takeaway

44253 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44253, OH

How much do homes in 44253, OH cost?

Median Sold Price

$367,500

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$71,950(-16.4%)

Key Takeaway

Homes in 44253 have sold for 16.4% less than they did a year ago.

Summary: The median home sold price in 44253 was $367,500 in October 2024, down 16.4% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $417.5K-
N/A
3 $468K$365K
-22.0%
4 $374K$398.4K
+6.5%
5+ -$542.5K
N/A

Summary: 44253 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 did not change, 3 bedroom homes decreased by 22%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

44256
+4.4%
44090
-4.1%
44044
-11.3%
44253
-16.4%

Housing Supply in 44253, OH

How many homes are available in 44253, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The 44253 real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 01
+100.0%
5+ 21
-50.0%

Summary: The 44253 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 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 44253, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 44253 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 44253, OH

How long does it take to sell a home in 44253, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days27 Days-10.5%

Summary: Homes in 44253 had an average of 27 days on market in Oct 2024, down by 10.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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

Many homes in 44253 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 44253; 50% of homes were sold within 30 days, 50% 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 15 Days Ago

Newest Listings in 44253, OH

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