Is Dayton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dayton has remained a Seller's Market.
Housing Prices in Dayton, OH
How much do homes in Dayton, OH cost?
Median Sold Price
$184,993
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dayton was $184,993 in May 2024, up 5.7% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $68.5K | $90.4K | +32.0% |
2 Bedrooms | $118.9K | $125K | +5.1% |
3 Bedrooms | $169.9K | $179.9K | +5.9% |
4 Bedrooms | $257.8K | $279.9K | +8.6% |
5+ Bedrooms | $285.2K | $288.4K | +1.1% |
Summary: Dayton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
Oakwood | $310K | $360K | +16.1% |
Trotwood | $119.7K | $138.5K | +15.7% |
Riverside | $155K | $174.6K | +12.7% |
Harrison Township | $114.4K | $127.5K | +11.4% |
Dayton | $174.9K | $184.9K | +5.7% |
Housing Supply in Dayton, OH
How many homes are available in Dayton, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,482 | 1,589 | +7.2% |
Summary: The Dayton real estate market had 1,589 homes for sale in May 2024, a 7.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 21 | +40.0% |
2 Bedrooms | 260 | 268 | +3.1% |
3 Bedrooms | 738 | 775 | +5.0% |
4 Bedrooms | 344 | 374 | +8.7% |
5+ Bedrooms | 125 | 151 | +20.8% |
Summary: The Dayton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
470 | 468 | -0.4% |
Asking Price vs. Sold Price
205 Homes Were Sold
Under Asking
101 Homes Were Sold
At Asking
162 Homes Were Sold
Over Asking
Summary: A total of 468 homes were sold or pending in Dayton in May 2024, down by 0.4% month-over-month. Of the 468 sold homes, 44% were sold under asking, 22% were sold at asking, and 35% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 55 Days | -4.0% |
Summary: Homes in Dayton had an average of 55 days on market in May 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
101 Homes Were Sold
Under 30 Days
305 Homes Were Sold
In 30 - 90 Days
62 Homes Were Sold
Over 90 Days
Summary: During May 2024, 468 homes were sold in Dayton; 22% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.