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 4 Days Ago

Newest Listings in 44502, OH

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