Is 44720, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44720 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 44720 has remained a Seller's Market.

Key Takeaway

44720 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44720, OH

How much do homes in 44720, OH cost?

Median Sold Price

$274,866

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,066(+3.8%)

Key Takeaway

Homes in 44720 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 44720 was $274,866 in October 2024, up 3.8% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $210K$215K
+2.4%
3 $239.9K$248.3K
+3.5%
4 $310.7K$318.5K
+2.5%
5+ $420K$386.7K
-7.9%

Summary: 44720 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 2.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

44718
+20.8%
44709
+10.6%
44721
+9.9%
44685
+4.8%
44720
+3.8%

Housing Supply in 44720, OH

How many homes are available in 44720, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
133151+13.5%

Summary: The 44720 real estate market had 151 homes for sale in October 2024, a 13.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1729
+70.6%
3 7268
-5.6%
4 3746
+24.3%
5+ 78
+14.3%

Summary: The 44720 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 70.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4632-30.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44720, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 44720 in October 2024, down by 30.4% month-over-month. Of the 30 sold homes, 47% were sold under asking, 7% were sold at asking, and 47% were sold over asking.

Days on Market for 44720, OH

How long does it take to sell a home in 44720, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days23 Days-4.6%

Summary: Homes in 44720 had an average of 23 days on market in Oct 2024, down by 4.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44720 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 32 homes were sold in 44720; 59% of homes were sold within 30 days, 41% 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 14 Days Ago

Newest Listings in 44720, OH

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