Is 45005, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45005 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 45005 has remained a Seller's Market.

Key Takeaway

45005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45005, OH

How much do homes in 45005, OH cost?

Median Sold Price

$257,537

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,370(+6.8%)

Key Takeaway

Homes in 45005 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 45005 was $257,537 in October 2024, up 6.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $295K-
N/A
2 $122.7K$160K
+30.4%
3 $228.5K$236.2K
+3.4%
4 $325K$348K
+7.1%
5+ $373.7K$318K
-14.9%

Summary: 45005 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 14.9%.

Median Sold Price Compared To Nearby Zip Codes

45036
+12.4%
45044
+12.1%
45342
+7.9%
45005
+6.8%
45066
+2.5%

Housing Supply in 45005, OH

How many homes are available in 45005, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9185-6.6%

Summary: The 45005 real estate market had 85 homes for sale in October 2024, a 6.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 5648
-14.3%
4 2123
+9.5%
5+ 68
+33.3%

Summary: The 45005 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2718-33.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45005, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 45005 in October 2024, down by 33.3% month-over-month. Of the 18 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.

Days on Market for 45005, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 13 Days Ago

Newest Listings in 45005, OH

Nearby Markets to 45005, OH