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 December 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

$265,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,066(+6.0%)

Key Takeaway

Homes in 45005 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 45005 was $265,000 in December 2024, up 6% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $295K-
N/A
2 $142.5K$161K
+13.0%
3 $235K$240K
+2.1%
4 $331.5K$348.7K
+5.2%
5+ $385K$291K
-24.4%

Summary: 45005 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 24.4%.

Median Sold Price Compared To Nearby Zip Codes

45044
+19.4%
45036
+11.8%
45342
+6.5%
45005
+6.0%
45066
+1.0%

Housing Supply in 45005, OH

How many homes are available in 45005, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7975-5.1%

Summary: The 45005 real estate market had 75 homes for sale in December 2024, a 5.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 4946
-6.1%
4 1613
-18.8%
5+ 76
-14.3%

Summary: The 45005 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2716-40.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 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. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 45005 in December 2024, down by 40.7% month-over-month. Of the 16 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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 2 Days Ago

Newest Listings in 45005, OH

Nearby Markets to 45005, OH