Is 45318, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 45318 was a Buyer's Market.
Key Takeaway
45318 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45318, OH
How much do homes in 45318, OH cost?
Median Sold Price
$177,900
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 45318 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 45318 was $177,900 in April 2024, up 7.8% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $179.9K | N/A |
| 2 Bedrooms | $116K | $135K | +16.4% |
| 3 Bedrooms | $190.2K | $175.9K | -7.5% |
| 4 Bedrooms | $154K | $225K | +46.1% |
| 5+ Bedrooms | $225.5K | $331.2K | +46.9% |
Summary: 45318 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.4%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 46.1%, and 5+ bedroom homes increased by 46.9%.
Median Sold Price Compared To Nearby Zip Codes
| 45318 | $165K | $177.9K | +7.8% |
| 45356 | $146.5K | $151K | +3.0% |
| 45308 | $181.7K | $153K | -15.8% |
Housing Supply in 45318, OH
How many homes are available in 45318, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The 45318 real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 45318 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45318, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 45318 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 45318, OH
How long does it take to sell a home in 45318, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 73 Days | 49 Days | -32.9% |
Summary: Homes in 45318 had an average of 49 days on market in Apr 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 45318 has remained consistent over time.
Summary: During April 2024, 3 homes were sold in 45318; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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