Is 45840, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 45840 has remained a Seller's Market.
Housing Prices in 45840, OH
How much do homes in 45840, OH cost?
Median Sold Price
$220,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 45840 was $220,000 in February 2024, down 0.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $130K | +53.0% |
2 Bedrooms | $148.5K | $150K | +1.0% |
3 Bedrooms | $209.9K | $214.9K | +2.4% |
4 Bedrooms | $295K | $313.6K | +6.3% |
5+ Bedrooms | $454.4K | $410K | -9.8% |
Summary: 45840 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Zip Codes
45858 | $149.9K | $178.9K | +19.3% |
45840 | $220.1K | $220K | -0.1% |
Housing Supply in 45840, OH
How many homes are available in 45840, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
122 | 138 | +13.1% |
Summary: The 45840 real estate market had 138 homes for sale in February 2024, a 13.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 19 | +58.3% |
3 Bedrooms | 69 | 75 | +8.7% |
4 Bedrooms | 29 | 29 | 0.0% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The 45840 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
31 | 38 | +22.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 45840 in February 2024, up by 22.6% month-over-month. Of the 38 sold homes, 66% were sold under asking, 8% were sold at asking, and 26% were sold over asking.
Days on Market for 45840, OH
How long does it take to sell a home in 45840, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
54 Days | 74 Days | +37.1% |
Summary: Homes in 45840 had an average of 74 days on market in Feb 2024, up by 37.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During February 2024, 38 homes were sold in 45840; 13% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.