Is 45305, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45305 is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, 45305 has remained a Seller's Market.

Key Takeaway

45305 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45305, OH

How much do homes in 45305, OH cost?

Median Sold Price

$397,500

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$97,500(+32.5%)

Key Takeaway

Homes in 45305 have sold for 32.5% more than they did a year ago.

Summary: The median home sold price in 45305 was $397,500 in August 2024, up 32.5% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $270K$274.9K
+1.8%
3 $265K$307.5K
+16.0%
4 $350K$502.2K
+43.5%
5+ $539.9K$616K
+14.1%

Summary: 45305 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Zip Codes

45305
+32.5%
45458
+6.4%
45459
+4.6%
45440
+3.5%

Housing Supply in 45305, OH

How many homes are available in 45305, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4144+7.3%

Summary: The 45305 real estate market had 44 homes for sale in August 2024, a 7.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1719
+11.8%
4 1012
+20.0%
5+ 75
-28.6%

Summary: The 45305 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
819+137.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45305, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in 45305 in August 2024, up by 137.5% month-over-month. Of the 19 sold homes, 32% were sold under asking, 42% were sold at asking, and 26% were sold over asking.

Days on Market for 45305, OH

How long does it take to sell a home in 45305, OH?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 45305 has remained consistent over time.

Summary: During August 2024, 19 homes were sold in 45305; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% 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 20 Days Ago

Newest Listings in 45305, OH

Nearby Markets to 45305, OH