Is 44511, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44511 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44511 has remained a Seller's Market.

Key Takeaway

44511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44511, OH

How much do homes in 44511, OH cost?

Median Sold Price

$159,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+9.7%)

Key Takeaway

Homes in 44511 have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in 44511 was $159,000 in October 2024, up 9.7% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $117K$119.9K
+2.5%
3 $145.2K$160K
+10.2%
4 $160K$165K
+3.1%
5+ $139.9K$183K
+30.8%

Summary: 44511 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 2.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 30.8%.

Median Sold Price Compared To Nearby Zip Codes

44509
+21.4%
44502
+16.2%
44512
+12.5%
44511
+9.7%
44507
+6.3%

Housing Supply in 44511, OH

How many homes are available in 44511, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6982+18.8%

Summary: The 44511 real estate market had 82 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 4654
+17.4%
4 1518
+20.0%
5+ 33
0.0%

Summary: The 44511 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 increased by 40%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44511, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 44511 in October 2024, down by 5.6% month-over-month. Of the 17 sold homes, 65% were sold under asking, 24% were sold at asking, and 12% were sold over asking.

Days on Market for 44511, OH

How long does it take to sell a home in 44511, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days45 Days+57.6%

Summary: Homes in 44511 had an average of 45 days on market in Oct 2024, up by 57.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 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 44511 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 44511; 35% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 12% 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 44511, OH

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