Is 44870, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44870 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 44870 was a Seller's Market.

Key Takeaway

44870 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 44870, OH

How much do homes in 44870, OH cost?

Median Sold Price

$171,480

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,480(+14.3%)

Key Takeaway

Homes in 44870 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 44870 was $171,480 in November 2024, up 14.3% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116.5K$61.1K
-47.5%
2 $107K$127K
+18.7%
3 $153.7K$172.9K
+12.5%
4 $182.5K$223K
+22.2%
5+ $150K$264.5K
+76.3%

Summary: 44870 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.5%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 76.3%.

Median Sold Price Compared To Nearby Zip Codes

44839
+16.5%
44870
+14.3%
44824
+4.6%

Housing Supply in 44870, OH

How many homes are available in 44870, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
162154-4.9%

Summary: The 44870 real estate market had 154 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 3734
-8.1%
3 7363
-13.7%
4 4142
+2.4%
5+ 811
+37.5%

Summary: The 44870 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4824-50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44870, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 44870 in November 2024, down by 50.0% month-over-month. Of the 24 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.

Days on Market for 44870, OH

How long does it take to sell a home in 44870, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days59 Days+46.5%

Summary: Homes in 44870 had an average of 59 days on market in Nov 2024, up by 46.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44870 has remained consistent over time.

Summary: During November 2024, 24 homes were sold in 44870; 25% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 21% 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 21 Days Ago

Newest Listings in 44870, OH

Nearby Markets to 44870, OH