Is 45420, 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, 45420 has remained a Seller's Market.
Key Takeaway
45420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45420, OH
How much do homes in 45420, OH cost?
Median Sold Price
$159,966
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 45420 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 45420 was $159,966 in March 2024, up 6.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.4K | $94.9K | +52.0% |
| 2 Bedrooms | $120K | $134K | +11.7% |
| 3 Bedrooms | $159.9K | $171K | +6.9% |
| 4 Bedrooms | $177.9K | $203K | +14.1% |
| 5+ Bedrooms | $191K | $220K | +15.2% |
Summary: 45420 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 15.2%.
Housing Supply in 45420, OH
How many homes are available in 45420, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 69 | -4.2% |
Summary: The 45420 real estate market had 69 homes for sale in March 2024, a 4.2% decrease 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 | 26 | 23 | -11.5% |
| 3 Bedrooms | 38 | 37 | -2.6% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 45420 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 decreased by 11.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45420, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in 45420 in March 2024, down by 23.3% month-over-month. Of the 23 sold homes, 30% were sold under asking, 48% were sold at asking, and 22% were sold over asking.
Days on Market for 45420, OH
How long does it take to sell a home in 45420, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 47 Days | -17.5% |
Summary: Homes in 45420 had an average of 47 days on market in Mar 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
7 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 45420 has remained consistent over time.
Summary: During March 2024, 23 homes were sold in 45420; 30% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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