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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dayton is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Dayton, OH

How much do homes in Dayton, OH cost?

Median Sold Price

$180,164

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$55,190(+44.2%)

Key Takeaway

Homes in Dayton have sold for 44.2% more than they did a year ago.

Summary: The median home sold price in Dayton was $180,164 in February 2024, up 44.2% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $66K$81.7K
+23.9%
2 $89.4K$124K
+38.7%
3 $125K$175.1K
+40.1%
4 $164.9K$279K
+69.2%
5+ $153K$285K
+86.3%

Summary: Dayton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.9%, 2 bedroom homes increased by 38.7%, 3 bedroom homes increased by 40.1%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes increased by 86.3%.

Median Sold Price Compared To Nearby Cities

Dayton
+44.2%
Harrison Township
+13.7%
Riverside
+9.7%
Oakwood
+7.7%
Trotwood
-5.9%

Housing Supply in Dayton, OH

How many homes are available in Dayton, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1,2691,348+6.2%

Summary: The Dayton real estate market had 1,348 homes for sale in February 2024, a 6.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 107
-30.0%
2 237261
+10.1%
3 624680
+9.0%
4 288291
+1.0%
5+ 110109
-0.9%

Summary: The Dayton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 0.9%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
311374+20.3%

Asking Price vs. Sold Price

187 Homes Were Sold
Under Asking

92 Homes Were Sold
At Asking

95 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dayton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 374 homes were sold or pending in Dayton in February 2024, up by 20.3% month-over-month. Of the 374 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Dayton, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
67 Days69 Days+2.8%

Summary: Homes in Dayton had an average of 69 days on market in Feb 2024, up by 2.8% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

208 Homes Were Sold
In 30 - 90 Days

101 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dayton has remained consistent over time.

Summary: During February 2024, 374 homes were sold in Dayton; 17% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 27% 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 28 Days Ago

Newest Listings in Dayton, OH

Nearby Markets to Dayton, OH

What housing markets are near Dayton, OH?