Is 45406, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45406 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45406 has remained a Seller's Market.

Key Takeaway

45406 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45406, OH

How much do homes in 45406, OH cost?

Median Sold Price

$114,900

$73/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,900(+23.5%)

Key Takeaway

Homes in 45406 have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in 45406 was $114,900 in November 2024, up 23.5% from last year, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $37.2K$142.5K
+282.6%
2 $61K$75K
+23.0%
3 $85K$110K
+29.4%
4 $165K$167.5K
+1.5%
5+ $175K$166.2K
-5.0%

Summary: 45406 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 282.6%, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Zip Codes

45406
+23.5%
45405
+16.3%
45416
+11.9%
45426
+5.8%
45402
-5.6%

Housing Supply in 45406, OH

How many homes are available in 45406, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9493-1.1%

Summary: The 45406 real estate market had 93 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1817
-5.6%
3 4749
+4.3%
4 1914
-26.3%
5+ 1013
+30.0%

Summary: The 45406 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 5.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2619-26.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45406, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 45406 in November 2024, down by 26.9% month-over-month. Of the 19 sold homes, 53% were sold under asking, 16% were sold at asking, and 32% were sold over asking.

Days on Market for 45406, 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 45406, OH

Nearby Markets to 45406, OH