Is 44406, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44406 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 44406 has remained a Seller's Market.

Key Takeaway

44406 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44406, OH

How much do homes in 44406, OH cost?

Median Sold Price

$312,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$21,312(+7.3%)

Key Takeaway

Homes in 44406 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 44406 was $312,000 in December 2024, up 7.3% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $205K$200K
-2.4%
3 $259K$270K
+4.2%
4 $397.5K$377.2K
-5.1%
5+ $500K$490K
-2.0%

Summary: 44406 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 decreased by 2.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Zip Codes

44512
+16.3%
44406
+7.3%
44515
+6.8%
44511
+6.7%

Housing Supply in 44406, OH

How many homes are available in 44406, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8269-15.9%

Summary: The 44406 real estate market had 69 homes for sale in December 2024, a 15.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 3330
-9.1%
4 2417
-29.2%
5+ 118
-27.3%

Summary: The 44406 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 decreased by 9.1%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21210.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44406, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 44406 in December 2024, the same as the previous month. Of the 21 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 44406, OH

How long does it take to sell a home in 44406, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
47 Days77 Days+64.0%

Summary: Homes in 44406 had an average of 77 days on market in Dec 2024, up by 64% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44406 has remained consistent over time.

Summary: During December 2024, 21 homes were sold in 44406; 29% of homes were sold within 30 days, 38% 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 6 Days Ago

Newest Listings in 44406, OH

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