Is 44507, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44507 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 44507 was a Buyer's Market.

Key Takeaway

44507 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44507, OH

How much do homes in 44507, OH cost?

Median Sold Price

$46,500

$30/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,750(+6.3%)

Key Takeaway

Homes in 44507 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 44507 was $46,500 in October 2024, up 6.3% from last year, and the median price per square foot was $30.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $66.5K$60K
-9.8%
3 $38K$45K
+18.4%
4 $49K$45K
-8.2%
5+ $90K$163K
+81.1%

Summary: 44507 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 decreased by 9.8%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 81.1%.

Median Sold Price Compared To Nearby Zip Codes

44502
+16.2%
44512
+12.5%
44511
+9.7%
44507
+6.3%

Housing Supply in 44507, OH

How many homes are available in 44507, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1617+6.3%

Summary: The 44507 real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1010
0.0%
4 32
-33.3%
5+ 24
+100.0%

Summary: The 44507 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44507, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 44507 in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 44507, OH

How long does it take to sell a home in 44507, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days63 Days+2000.0%

Summary: Homes in 44507 had an average of 63 days on market in Oct 2024, up by 2000% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44507 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 44507; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 13 Days Ago

Newest Listings in 44507, OH

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