Is 45103, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45103 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 45103 has remained a Seller's Market.

Key Takeaway

45103 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45103, OH

How much do homes in 45103, OH cost?

Median Sold Price

$313,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$59,250(+23.3%)

Key Takeaway

Homes in 45103 have sold for 23.3% more than they did a year ago.

Summary: The median home sold price in 45103 was $313,000 in October 2024, up 23.3% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$63K
N/A
2 $225K$203.5K
-9.6%
3 $250K$330K
+32.0%
4 $339K$398.5K
+17.6%
5+ $500K$415K
-17.0%

Summary: 45103 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 decreased by 9.6%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 17%.

Housing Supply in 45103, OH

How many homes are available in 45103, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1519+26.7%

Summary: The 45103 real estate market had 19 homes for sale in October 2024, a 26.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 25
+150.0%
4 45
+25.0%
5+ 44
0.0%

Summary: The 45103 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 remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45103, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 45103 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for 45103, OH

How long does it take to sell a home in 45103, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days9 Days-65.4%

Summary: Homes in 45103 had an average of 9 days on market in Oct 2024, down by 65.4% compared to last year.

Breakdown of Home Sale Times

2 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 45103 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 45103; 50% 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 21 Days Ago

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