Is 44502, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44502 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 44502 has remained a Seller's Market.

Key Takeaway

44502 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44502, OH

How much do homes in 44502, OH cost?

Median Sold Price

$68,500

$56/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,550(+18.2%)

Key Takeaway

Homes in 44502 have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in 44502 was $68,500 in November 2024, up 18.2% from last year, and the median price per square foot was $56.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $36.5K$47K
+28.8%
3 $64.7K$70K
+8.1%
4 $52.5K$76K
+44.8%
5+ $73K$120K
+64.4%

Summary: 44502 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 44.8%, and 5+ bedroom homes increased by 64.4%.

Median Sold Price Compared To Nearby Zip Codes

44504
+37.6%
44502
+18.2%
44507
+10.7%

Housing Supply in 44502, OH

How many homes are available in 44502, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3330-9.1%

Summary: The 44502 real estate market had 30 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 2014
-30.0%
4 54
-20.0%
5+ 24
+100.0%

Summary: The 44502 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44502, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 44502 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for 44502, OH

How long does it take to sell a home in 44502, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days104 Days+258.3%

Summary: Homes in 44502 had an average of 104 days on market in Nov 2024, up by 258.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 44502 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 7 homes were sold in 44502; 0% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 57% 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 44502, OH

Nearby Markets to 44502, OH