Is 45406, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 45406 has remained a Seller's Market.
Housing Prices in 45406, OH
How much do homes in 45406, OH cost?
Median Sold Price
$99,962
$70/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 45406 was $99,962 in March 2024, up 11.3% from last year, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $60K | 0.0% |
2 Bedrooms | $60K | $60K | 0.0% |
3 Bedrooms | $80K | $96K | +20.0% |
4 Bedrooms | $125K | $171K | +36.8% |
5+ Bedrooms | $142.7K | $175K | +22.6% |
Summary: 45406 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 22.6%.
Housing Supply in 45406, OH
How many homes are available in 45406, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 103 | +21.2% |
Summary: The 45406 real estate market had 103 homes for sale in March 2024, a 21.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 13 | 17 | +30.8% |
3 Bedrooms | 48 | 49 | +2.1% |
4 Bedrooms | 11 | 18 | +63.6% |
5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The 45406 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 23 | +109.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 45406 in March 2024, up by 109.1% month-over-month. Of the 23 sold homes, 57% were sold under asking, 35% were sold at asking, and 9% were sold over asking.
Days on Market for 45406, OH
How long does it take to sell a home in 45406, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 75 Days | -15.4% |
Summary: Homes in 45406 had an average of 75 days on market in Mar 2024, down by 15.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 45406; 13% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.