Is 44405, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44405 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44405 has remained a Seller's Market.

Key Takeaway

44405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44405, OH

How much do homes in 44405, OH cost?

Median Sold Price

$112,500

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,000(+2.7%)

Key Takeaway

Homes in 44405 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 44405 was $112,500 in October 2024, up 2.7% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$43K
N/A
2 $56K$40K
-28.6%
3 $117K$134.5K
+15.0%
4 $95.6K$121.5K
+27.0%
5+ $238K$201.5K
-15.3%

Summary: 44405 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 decreased by 28.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Zip Codes

44436
+38.7%
44502
+16.2%
44471
+14.4%
44405
+2.7%

Housing Supply in 44405, OH

How many homes are available in 44405, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2934+17.2%

Summary: The 44405 real estate market had 34 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 1721
+23.5%
4 68
+33.3%
5+ 22
0.0%

Summary: The 44405 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 decreased by 33.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

8 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 44405, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 44405 in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.

Days on Market for 44405, OH

How long does it take to sell a home in 44405, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days57 Days+74.4%

Summary: Homes in 44405 had an average of 57 days on market in Oct 2024, up by 74.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44405 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 44405; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 44405, OH

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