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 October 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

$247,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,000(+7.4%)

Key Takeaway

Homes in 44408 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 44408 was $247,500 in October 2024, up 7.4% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $196K$205K
+4.6%
3 $240K$257.5K
+7.3%
4 $405K$355K
-12.3%
5+ $400K-
N/A

Summary: 44408 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 4.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

44445
+28.2%
44431
+18.7%
44408
+7.4%
44452
-23.9%

Housing Supply in 44408, OH

How many homes are available in 44408, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4036-10.0%

Summary: The 44408 real estate market had 36 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1310
-23.1%
3 1713
-23.5%
4 68
+33.3%
5+ 45
+25.0%

Summary: The 44408 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 23.1%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

5 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 44408 in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% 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

Oct 2023Oct 2024CHANGE
34 Days29 Days-15.1%

Summary: Homes in 44408 had an average of 29 days on market in Oct 2024, down by 15.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 7 homes were sold in 44408; 57% of homes were sold within 30 days, 43% 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 4 Days Ago

Newest Listings in 44408, OH

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