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 October 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

$109,375

$62/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,375(+15.1%)

Key Takeaway

Homes in 45405 have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in 45405 was $109,375 in October 2024, up 15.1% from last year, and the median price per square foot was $62.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $90.5K$69.5K
-23.2%
2 $68K$69.9K
+2.9%
3 $88.5K$95K
+7.3%
4 $125K$142K
+13.6%
5+ $145K$137.4K
-5.2%

Summary: 45405 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

45406
+27.0%
45416
+19.0%
45405
+15.1%
45402
+3.7%
45404
+2.1%

Housing Supply in 45405, OH

How many homes are available in 45405, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
99104+5.1%

Summary: The 45405 real estate market had 104 homes for sale in October 2024, a 5.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1816
-11.1%
3 3946
+17.9%
4 2826
-7.1%
5+ 1314
+7.7%

Summary: The 45405 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 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. 42.3% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 45405 in October 2024, up by 13.0% month-over-month. Of the 26 sold homes, 42% were sold under asking, 27% were sold at asking, and 31% 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 14 Days Ago

Newest Listings in 45405, OH

Nearby Markets to 45405, OH