Is 45405, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45405 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45405 has remained a Seller's Market.

Key Takeaway

45405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45405, OH

How much do homes in 45405, OH cost?

Median Sold Price

$110,500

$62/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,500(+16.3%)

Key Takeaway

Homes in 45405 have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in 45405 was $110,500 in November 2024, up 16.3% from last year, and the median price per square foot was $62.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90.5K$109K
+20.4%
2 $68K$69.9K
+2.9%
3 $85K$99.8K
+17.4%
4 $125K$150K
+20.0%
5+ $142K$141K
-0.7%

Summary: 45405 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

45406
+23.5%
45405
+16.3%
45416
+11.9%
45404
+5.1%
45402
-5.6%

Housing Supply in 45405, OH

How many homes are available in 45405, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9992-7.1%

Summary: The 45405 real estate market had 92 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1615
-6.3%
3 4338
-11.6%
4 2522
-12.0%
5+ 1316
+23.1%

Summary: The 45405 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2917-41.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45405, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 45405 in November 2024, down by 41.4% month-over-month. Of the 17 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.

Days on Market for 45405, 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 45405, OH

Nearby Markets to 45405, OH