Is 44647, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44647 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 44647 has remained a Seller's Market.

Key Takeaway

44647 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44647, OH

How much do homes in 44647, OH cost?

Median Sold Price

$170,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$6,700(-3.8%)

Key Takeaway

Homes in 44647 have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in 44647 was $170,000 in December 2024, down 3.8% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $124.3K$125K
+0.6%
3 $177K$175K
-1.1%
4 $281.4K$250K
-11.2%
5+ $290.5K$177.5K
-38.9%

Summary: 44647 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 38.9%.

Median Sold Price Compared To Nearby Zip Codes

44662
+15.9%
44614
+10.6%
44646
+4.0%
44647
-3.8%
44666
-15.6%

Housing Supply in 44647, OH

How many homes are available in 44647, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6150-18.0%

Summary: The 44647 real estate market had 50 homes for sale in December 2024, a 18.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 4431
-29.5%
4 35
+66.7%
5+ 21
-50.0%

Summary: The 44647 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 29.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1912-36.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44647, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 44647 in December 2024, down by 36.8% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.

Days on Market for 44647, OH

How long does it take to sell a home in 44647, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
26 Days27 Days+4.5%

Summary: Homes in 44647 had an average of 27 days on market in Dec 2024, up by 4.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44647 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 12 homes were sold in 44647; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in 44647, OH

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