Is 44718, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44718 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 44718 was a Neutral Market.

Key Takeaway

44718 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44718, OH

How much do homes in 44718, OH cost?

Median Sold Price

$389,900

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$30,900(+8.6%)

Key Takeaway

Homes in 44718 have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in 44718 was $389,900 in December 2024, up 8.6% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $210.2K$209K
-0.6%
3 $282K$321.5K
+14.0%
4 $391.5K$430K
+9.8%
5+ $737K$582.5K
-21.0%

Summary: 44718 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 decreased by 0.6%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 21%.

Median Sold Price Compared To Nearby Zip Codes

44708
+14.5%
44709
+13.8%
44718
+8.6%
44646
+4.0%
44720
+1.7%

Housing Supply in 44718, OH

How many homes are available in 44718, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3634-5.6%

Summary: The 44718 real estate market had 34 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1412
-14.3%
4 1518
+20.0%
5+ 42
-50.0%

Summary: The 44718 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 decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44718, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 44718 in December 2024, down by 20.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 44718, OH

How long does it take to sell a home in 44718, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
21 Days22 Days+6.5%

Summary: Homes in 44718 had an average of 22 days on market in Dec 2024, up by 6.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44718 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in 44718; 88% of homes were sold within 30 days, 13% 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 2 Days Ago

Newest Listings in 44718, OH

Nearby Markets to 44718, OH