Is 45042, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45042 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 45042 has remained a Seller's Market.

Key Takeaway

45042 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45042, OH

How much do homes in 45042, OH cost?

Median Sold Price

$231,750

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,750(+6.3%)

Key Takeaway

Homes in 45042 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 45042 was $231,750 in October 2024, up 6.3% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $39K$75K
+92.3%
2 $149K$155K
+4.0%
3 $205K$233.5K
+13.9%
4 $295K$302.5K
+2.5%
5+ $355K$315K
-11.3%

Summary: 45042 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.3%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 11.3%.

Median Sold Price Compared To Nearby Zip Codes

45044
+12.1%
45042
+6.3%
45067
+6.0%
45327
+2.8%

Housing Supply in 45042, OH

How many homes are available in 45042, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6267+8.1%

Summary: The 45042 real estate market had 67 homes for sale in October 2024, a 8.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 3132
+3.2%
4 1416
+14.3%
5+ 55
0.0%

Summary: The 45042 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 increased by 16.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45042, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 45042 in October 2024, up by 20.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 17% were sold at asking, and 22% were sold over asking.

Days on Market for 45042, OH

How long does it take to sell a home in 45042, OH?

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 45042 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 45042; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 14 Days Ago

Newest Listings in 45042, OH

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