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 21 Days Ago

Newest Listings in 44485, OH

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