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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44502 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 44502 was a Seller's Market.

Key Takeaway

44502 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 44502, OH

How much do homes in 44502, OH cost?

Median Sold Price

$64,500

$54/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+16.2%)

Key Takeaway

Homes in 44502 have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in 44502 was $64,500 in October 2024, up 16.2% from last year, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $36K$46.5K
+29.2%
3 $63.4K$64.5K
+1.7%
4 $54K$67K
+24.1%
5+ $70K$120K
+71.4%

Summary: 44502 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 29.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 71.4%.

Median Sold Price Compared To Nearby Zip Codes

44504
+41.0%
44502
+16.2%
44507
+6.3%

Housing Supply in 44502, OH

How many homes are available in 44502, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3932-17.9%

Summary: The 44502 real estate market had 32 homes for sale in October 2024, a 17.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2218
-18.2%
4 65
-16.7%
5+ 32
-33.3%

Summary: The 44502 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 12.5%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 44502 in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
43 Days37 Days-14.8%

Summary: Homes in 44502 had an average of 37 days on market in Oct 2024, down by 14.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44502 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 44502; 60% of homes were sold within 30 days, 20% 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 21 Days Ago

Newest Listings in 44502, OH

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