Is 44851, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44851 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 44851 was a Neutral Market.

Key Takeaway

44851 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44851, OH

How much do homes in 44851, OH cost?

Median Sold Price

$168,750

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,250(-6.3%)

Key Takeaway

Homes in 44851 have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in 44851 was $168,750 in October 2024, down 6.3% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $89.5K-
N/A
2 $48K$140K
+191.7%
3 $177.5K$180K
+1.4%
4 $230K$175.8K
-23.6%
5+ $182.5K$181K
-0.8%

Summary: 44851 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 191.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Zip Codes

44837
+18.4%
44826
+1.3%
44851
-6.3%

Housing Supply in 44851, OH

How many homes are available in 44851, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The 44851 real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 55
0.0%
4 22
0.0%
5+ 23
+50.0%

Summary: The 44851 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

3 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 44851, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 44851 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 44851, OH

How long does it take to sell a home in 44851, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
79 Days35 Days-55.1%

Summary: Homes in 44851 had an average of 35 days on market in Oct 2024, down by 55.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44851 has remained consistent over time.

Summary: During October 2024, 6 homes were sold in 44851; 33% of homes were sold within 30 days, 67% 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 15 Days Ago

Newest Listings in 44851, OH

Nearby Markets to 44851, OH