Is 44705, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44705 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 44705 has remained a Seller's Market.

Key Takeaway

44705 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44705, OH

How much do homes in 44705, OH cost?

Median Sold Price

$111,000

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,000(+11.0%)

Key Takeaway

Homes in 44705 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 44705 was $111,000 in November 2024, up 11% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $53.9K-
N/A
2 $60K$75K
+25.0%
3 $100K$117.5K
+17.5%
4 $135K$126.5K
-6.3%
5+ $256.4K$204.9K
-20.1%

Summary: 44705 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 20.1%.

Median Sold Price Compared To Nearby Zip Codes

44721
+14.4%
44705
+11.0%
44704
+8.9%
44641
+2.8%
44714
+2.7%

Housing Supply in 44705, OH

How many homes are available in 44705, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5048-4.0%

Summary: The 44705 real estate market had 48 homes for sale in November 2024, a 4.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 116
-45.5%
3 3330
-9.1%
4 47
+75.0%
5+ 24
+100.0%

Summary: The 44705 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 45.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2210-54.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44705, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 44705 in November 2024, down by 54.5% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.

Days on Market for 44705, OH

How long does it take to sell a home in 44705, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days29 Days-23.0%

Summary: Homes in 44705 had an average of 29 days on market in Nov 2024, down by 23% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44705 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 44705; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 2 Days Ago

Newest Listings in 44705, OH

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