Ohio Homes For Sale Zillow (2024)

FAQs

Are Zillow values correct? ›

The nationwide median error rate for the Zestimate for on-market homes is 2.4%, while the Zestimate for off-market homes has a median error rate of 7.49%. The Zestimate's accuracy depends on the availability of data in a home's area.

There are several reasons why Zillow's Zestimate may be inaccurate. For one, the feature relies heavily on publicly available data, such as property tax records and past sales data. This means that it may not take into account certain factors, such as renovations or additions to a home, that could affect its value.

There are currently 38,282 homes for sale in Ohio. The median list price in Ohio is $269,900 and the average price per square foot is $159.

A Zestimate's accuracy depends on the data available in the geographic area around a home. Some counties and cities have detailed public information available about a home's size, features, and age, while others do not. The more data that's available to put into that formula, the more accurate the Zestimate will be.

Comparable sales and market shifts account for many Zestimate drops as values follow broader trends. Zillow's algorithms automatically adjust for new data, sometimes lowering estimates in the process. Home specifics like renovations and condition changes can also trigger Zillow drops in house values.

The months from March to June are the best time to buy a house in Ohio. This is due to the higher inventory, increased competition among sellers, and potentially lower asking prices.

Average Home Prices: The median home price in Ohio is $260,500. But, it is expected to decrease due to a rise in inventory in the latter half of 2024. The sale-to-list price ratio is 100.1%, down by 0.68 pt YoY. Home Sales: As per July 2024 data, home sales decreased by 10.8% YoY!

Build vs. buy: It may well be cheaper to buy a house in Ohio than to build one, but it depends on everything from location to your personal preferences for fit and finish. According to the Federal Reserve Economic Data (FRED), the current median listing price to buy a home in Ohio is $164 per square foot.

Once you have claimed your home, click on the Edit Facts icon from the Owner View of the property page. To remove a photo, click on an individual photo and click Remove Photo.

What is the most accurate home value estimator? ›

Most of the time, Zillow and Redfin have different estimates for your house because they have slightly different approaches to calculating home values. However, if there's a big gap between your Zestimate and Redfin Estimate, it may mean that one company has inaccurate information about your home.

To determine Zestimates for those seeking home value information, Zestimate studies a wealth of data points for individual homes. Zillow's unique algorithm updates its collection of property values multiple times a week, based on information from both public data, industry data, and user-submitted data.

The phrase literally means that 50% of the time the Zestimate is within 2% of actual value and 50% of the time it's not. The median accuracy rate is only within about 2% if the property being Zestimated is currently listed for sale.