Is 44847, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44847 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 44847 was a Neutral Market.

Key Takeaway

44847 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44847, OH

How much do homes in 44847, OH cost?

Median Sold Price

$189,900

$134/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$300,100(-61.2%)

Key Takeaway

Homes in 44847 have sold for 61.2% less than they did a month ago.

Summary: The median home sold price in 44847 was $189,900 in October 2024, down 61.2% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$191.5K
N/A
3 -$120.9K
N/A
4 --
N/A
5+ $490K-
N/A

Summary: 44847 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 44847, OH

How many homes are available in 44847, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
612+100.0%

Summary: The 44847 real estate market had 12 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 47
+75.0%
4 13
+200.0%
5+ 10
-100.0%

Summary: The 44847 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 100%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44847, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 44847 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 44847, OH

How long does it take to sell a home in 44847, OH?

Average Sale Time

Sep 2024Oct 2024CHANGE
146 Days11 Days-92.5%

Summary: Homes in 44847 had an average of 11 days on market in Oct 2024, down by 92.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44847 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 44847; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 44847, OH

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