Is 44485, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44485 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44485 has remained a Seller's Market.

Key Takeaway

44485 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44485, OH

How much do homes in 44485, OH cost?

Median Sold Price

$70,000

$56/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-12.5%)

Key Takeaway

Homes in 44485 have sold for 12.5% less than they did a year ago.

Summary: The median home sold price in 44485 was $70,000 in October 2024, down 12.5% from last year, and the median price per square foot was $56.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $40K$67K
+67.5%
3 $90.5K$73K
-19.3%
4 $77K$95.5K
+23.9%
5+ $119.9K$145K
+20.9%

Summary: 44485 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 67.5%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Zip Codes

44483
+18.2%
44481
-11.8%
44485
-12.5%

Housing Supply in 44485, OH

How many homes are available in 44485, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3844+15.8%

Summary: The 44485 real estate market had 44 homes for sale in October 2024, a 15.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2831
+10.7%
4 59
+80.0%
5+ 11
0.0%

Summary: The 44485 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 25%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44485, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 44485 in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.

Days on Market for 44485, OH

How long does it take to sell a home in 44485, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days47 Days+60.9%

Summary: Homes in 44485 had an average of 47 days on market in Oct 2024, up by 60.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44485 has remained consistent over time.

Summary: During October 2024, 13 homes were sold in 44485; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% 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 44485, OH

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