Is 45005, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 45005 has remained a Seller's Market.
Key Takeaway
45005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45005, OH
How much do homes in 45005, OH cost?
Median Sold Price
$265,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 45005 have sold for 26.2% more than they did a year ago.
Summary: The median home sold price in 45005 was $265,000 in April 2024, up 26.2% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | $110K | -77.1% |
| 2 Bedrooms | $140K | $162K | +15.7% |
| 3 Bedrooms | $208K | $241.2K | +16.0% |
| 4 Bedrooms | $297.5K | $335K | +12.6% |
| 5+ Bedrooms | $362.5K | $288K | -20.6% |
Summary: 45005 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.1%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 20.6%.
Housing Supply in 45005, OH
How many homes are available in 45005, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 68 | -5.6% |
Summary: The 45005 real estate market had 68 homes for sale in April 2024, a 5.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 10 | -33.3% |
| 3 Bedrooms | 29 | 31 | +6.9% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 45005 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45005, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 45005 in April 2024, down by 12.5% month-over-month. Of the 21 sold homes, 62% were sold under asking, 29% were sold at asking, and 10% were sold over asking.
Days on Market for 45005, OH
How long does it take to sell a home in 45005, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 71 Days | 60 Days | -15.2% |
Summary: Homes in 45005 had an average of 60 days on market in Apr 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 45005 has remained consistent over time.
Summary: During April 2024, 21 homes were sold in 45005; 24% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.