Is 45231, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45231 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 45231 has remained a Seller's Market.

Key Takeaway

45231 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45231, OH

How much do homes in 45231, OH cost?

Median Sold Price

$175,000

$153/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$62,500(-26.3%)

Key Takeaway

Homes in 45231 have sold for 26.3% less than they did a month ago.

Summary: The median home sold price in 45231 was $175,000 in October 2024, down 26.3% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $180K$211.5K
+17.5%
4 $296K$175K
-40.9%
5+ $495K-
N/A

Summary: 45231 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 40.9%, and 5+ bedroom homes did not change.

Housing Supply in 45231, OH

How many homes are available in 45231, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2021+5.0%

Summary: The 45231 real estate market had 21 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1113
+18.2%
4 66
0.0%
5+ 11
0.0%

Summary: The 45231 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 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45231, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 45231 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 45231, 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 17 Days Ago

Newest Listings in 45231, OH

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