Is 45872, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45872 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 45872 has remained a Seller's Market.

Key Takeaway

45872 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45872, OH

How much do homes in 45872, OH cost?

Median Sold Price

$171,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,000(+10.3%)

Key Takeaway

Homes in 45872 have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in 45872 was $171,000 in April 2024, up 10.3% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $57K$68.7K
+20.6%
3 $168.4K$169K
0.3%
4 $166K$193.7K
+16.7%
5+ --
N/A

Summary: 45872 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 20.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes did not change.

Housing Supply in 45872, OH

How many homes are available in 45872, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1210-16.7%

Summary: The 45872 real estate market had 10 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 75
-28.6%
4 23
+50.0%
5+ 11
0.0%

Summary: The 45872 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45872, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 45872 in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 45872, OH

How long does it take to sell a home in 45872, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
91 Days91 Days0.4%

Summary: Homes in 45872 had an average of 91 days on market in Apr 2024, up by 0.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in 45872 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 45872; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 19 Days Ago

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