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 October 2023

At the same time last year, 44505 was a Neutral 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

$123,750

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,750(+17.9%)

Key Takeaway

Homes in 44505 have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in 44505 was $123,750 in October 2024, up 17.9% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $20K$39.5K
+97.5%
2 $79K$88K
+11.4%
3 $119.5K$110K
-7.9%
4 $115.2K$214.9K
+86.5%
5+ $80K$195K
+143.8%

Summary: 44505 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.5%, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 86.5%, and 5+ bedroom homes increased by 143.8%.

Median Sold Price Compared To Nearby Zip Codes

44504
+41.0%
44505
+17.9%
44502
+16.2%

Housing Supply in 44505, OH

How many homes are available in 44505, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5155+7.8%

Summary: The 44505 real estate market had 55 homes for sale in October 2024, a 7.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 46
+50.0%
3 3235
+9.4%
4 65
-16.7%
5+ 98
-11.1%

Summary: The 44505 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 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. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 44505 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
39 Days37 Days-5.1%

Summary: Homes in 44505 had an average of 37 days on market in Oct 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44505 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 44505; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 44505, OH

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