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 October 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

$165,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-2.9%)

Key Takeaway

Homes in 44647 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 44647 was $165,000 in October 2024, down 2.9% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $85K-
N/A
2 $121.9K$121.7K
-0.2%
3 $170.7K$170K
-0.4%
4 $270K$250K
-7.4%
5+ $290.5K$155K
-46.7%

Summary: 44647 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 0.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 46.7%.

Median Sold Price Compared To Nearby Zip Codes

44646
+12.2%
44662
+5.9%
44614
+5.4%
44647
-2.9%
44666
-23.5%

Housing Supply in 44647, OH

How many homes are available in 44647, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5760+5.3%

Summary: The 44647 real estate market had 60 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 4344
+2.3%
4 33
0.0%
5+ 00
0.0%

Summary: The 44647 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 18.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2411-54.2%

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 11 homes were sold or pending in 44647 in October 2024, down by 54.2% 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

Oct 2023Oct 2024CHANGE
20 Days45 Days+118.0%

Summary: Homes in 44647 had an average of 45 days on market in Oct 2024, up by 118% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 11 homes were sold in 44647; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 44647, OH

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