Michael D Payne, Listing Office: Cutler Real Estate
44314 Housing Market Report December 2024•Summit County, Ohio
Housing Prices in 44314, OH
How much do homes in 44314, OH cost?
Housing Market Conditions
Is 44314, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
44314 is a Seller's Market
Difference Since December 2023
Since last year, 44314 has remained a Seller's Market.
44314 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 44314 have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in 44314 was $101,600 in December 2024, up 11.2% from last year, and the median price per square foot was $84.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $59.5K | $55K | -7.6% |
22 Bedrooms | $80K | $83K | +3.8% |
33 Bedrooms | $93K | $115K | +23.7% |
44 Bedrooms | $109K | $115.5K | +6.0% |
55+ Bedrooms | $103.5K | $110K | +6.3% |
Summary: 44314 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -7.6%. The home price for 2 bedroom homes increased by +3.8%. The home price for 3 bedroom homes increased by +23.7%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes increased by +6.3%.
Housing supply in 44314, OH
How many homes are available in 44314, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
80Last MonthDec 2024 | ||
862 months agoNov 2024 | -7.0 % Change MoMNov – Dec |
Summary: The 44314 real estate market had 80 homes for sale in Dec 2024, a 7.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthDec 2024 | ||
172 months agoNov 2024 | +17.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 24 | 18 | -25.0% |
33 Bedrooms | 43 | 45 | +4.7% |
44 Bedrooms | 14 | 12 | -14.3% |
55+ Bedrooms | 4 | 3 | -25.0% |
Summary: 44314 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes increased by +4.7%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in 44314, OH cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price13 Homes
If you're buying a home in 44314, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 44314 in December 2024, up by 17.6% month-over-month. Of the 18 sold homes, 72% were sold under asking, 11% were sold at asking, and and 17% were sold over asking.
Days on Market for 44314, OH
How long does it take to sell a home in 44314, OH?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Many homes in 44314 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in 44314; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
32 DaysThis YearDec 2024 | ||
36 Days1 year agoDec 2023 | -9.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 44314 had an average listing age of 32 days in Dec 2024, down by 9.6% compared to the previous year.
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Newest Listings in 44314, OH
What homes are available in 44314, OH?
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.