Is 44505, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44505 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 44505 has remained a Seller's Market.

Key Takeaway

44505 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44505, OH

How much do homes in 44505, OH cost?

Median Sold Price

$132,250

$73/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,250(+17.0%)

Key Takeaway

Homes in 44505 have sold for 17% more than they did a year ago.

Summary: The median home sold price in 44505 was $132,250 in November 2024, up 17% from last year, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $20K$39.5K
+97.5%
2 $62K$95.5K
+54.0%
3 $108.5K$116K
+6.9%
4 $152.5K$209.9K
+37.6%
5+ $112.5K$197.5K
+75.6%

Summary: 44505 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.5%, 2 bedroom homes increased by 54%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes increased by 75.6%.

Median Sold Price Compared To Nearby Zip Codes

44504
+37.6%
44502
+18.2%
44505
+17.0%

Housing Supply in 44505, OH

How many homes are available in 44505, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5550-9.1%

Summary: The 44505 real estate market had 50 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 3331
-6.1%
4 64
-33.3%
5+ 99
0.0%

Summary: The 44505 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 decreased by 16.7%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44505, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 44505 in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.

Days on Market for 44505, OH

How long does it take to sell a home in 44505, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days62 Days+75.8%

Summary: Homes in 44505 had an average of 62 days on market in Nov 2024, up by 75.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

10 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 44505 has remained consistent over time.

Summary: During November 2024, 14 homes were sold in 44505; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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 22 Days Ago

Newest Listings in 44505, OH

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