$889 Closing Credit*
$74,900
3 Beds
•1 Full Bath
Katrina Spencer, Listing Office: Keller Williams Greater Cleveland Northeast
Is 44311, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 44311 was a Seller's Market.
Key Takeaway
44311 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 44311, OH
How much do homes in 44311, OH cost?
Median Sold Price
$75,000
$61/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11(0%)
Key Takeaway
The sold price of homes in 44311 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $62.3K | $67.6K | +8.4% |
| 3 Bedrooms | $70K | $60K | -14.3% |
| 4 Bedrooms | $75K | $93K | +24.0% |
| 5+ Bedrooms | $131K | $113.5K | -13.4% |
Summary: 44311 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 8.4%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 24%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Zip Codes
| 44307 | $76.5K | $97.5K | +27.5% |
| 44311 | $75K | $75K | 0% |
Housing Supply in 44311, OH
How many homes are available in 44311, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 49 | +8.9% |
Summary: The 44311 real estate market had 49 homes for sale in October 2024, a 8.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 44311 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 44311, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 44311 in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 44311, OH
How long does it take to sell a home in 44311, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 100 Days | 25 Days | -74.9% |
Summary: Homes in 44311 had an average of 25 days on market in Oct 2024, down by 74.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44311 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 44311; 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.
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