Is 45342, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45342 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45342 has remained a Seller's Market.

Key Takeaway

45342 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45342, OH

How much do homes in 45342, OH cost?

Median Sold Price

$250,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,033(+6.4%)

Key Takeaway

Homes in 45342 have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in 45342 was $250,000 in November 2024, up 6.4% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $267.7K$42K
-84.3%
2 $151.1K$160K
+5.9%
3 $229K$249.6K
+9.0%
4 $335K$350K
+4.5%
5+ $385.9K$455K
+17.9%

Summary: 45342 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 84.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 17.9%.

Median Sold Price Compared To Nearby Zip Codes

45449
+16.3%
45342
+6.4%
45459
+3.8%
45458
+2.6%
45066
+1.3%

Housing Supply in 45342, OH

How many homes are available in 45342, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
114110-3.5%

Summary: The 45342 real estate market had 110 homes for sale in November 2024, a 3.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2011
-45.0%
3 6367
+6.3%
4 3130
-3.2%
5+ 02
+100.0%

Summary: The 45342 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 45%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3936-7.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45342, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 45342 in November 2024, down by 7.7% month-over-month. Of the 36 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.

Days on Market for 45342, OH

How long does it take to sell a home in 45342, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
75 Days159 Days+112.0%

Summary: Homes in 45342 had an average of 159 days on market in Nov 2024, up by 112% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 45342 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 36 homes were sold in 45342; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% 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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