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 May 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

$184,993

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,029(+5.7%)

Key Takeaway

Homes in Dayton have sold for 5.7% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $68.5K$90.4K
+32.0%
2 $118.9K$125K
+5.1%
3 $169.9K$179.9K
+5.9%
4 $257.8K$279.9K
+8.6%
5+ $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
+16.1%
Trotwood
+15.7%
Riverside
+12.7%
Harrison Township
+11.4%
Dayton
+5.7%

Housing Supply in Dayton, OH

How many homes are available in Dayton, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1,4821,589+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

# BEDSApr 2024May 2024CHANGE
1 1521
+40.0%
2 260268
+3.1%
3 738775
+5.0%
4 344374
+8.7%
5+ 125151
+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 2024May 2024CHANGE
470468-0.4%

Asking Price vs. Sold Price

205 Homes Were Sold
Under Asking

101 Homes Were Sold
At Asking

162 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dayton, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

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 2023May 2024CHANGE
57 Days55 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Dayton, OH

Nearby Markets to Dayton, OH

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