Is 44408, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44408 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 44408 has remained a Seller's Market.

Key Takeaway

44408 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44408, OH

How much do homes in 44408, OH cost?

Median Sold Price

$243,500

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,750(+6.9%)

Key Takeaway

Homes in 44408 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 44408 was $243,500 in December 2024, up 6.9% 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 $217K$168K
-22.6%
3 $240K$265.7K
+10.7%
4 $400K$320K
-20.0%
5+ $352.4K$208K
-41.0%

Summary: 44408 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 22.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 41%.

Median Sold Price Compared To Nearby Zip Codes

44431
+7.2%
44408
+6.9%
44452
+3.5%

Housing Supply in 44408, OH

How many homes are available in 44408, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2923-20.7%

Summary: The 44408 real estate market had 23 homes for sale in December 2024, a 20.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 118
-27.3%
4 53
-40.0%
5+ 44
0.0%

Summary: The 44408 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 decreased by 11.1%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44408, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 44408 in December 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 44408, OH

How long does it take to sell a home in 44408, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days46 Days+29.7%

Summary: Homes in 44408 had an average of 46 days on market in Dec 2024, up by 29.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44408 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 44408; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 44408, OH

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