Is 45416, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45416 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45416 has remained a Seller's Market.

Key Takeaway

45416 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45416, OH

How much do homes in 45416, OH cost?

Median Sold Price

$108,575

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,575(+11.9%)

Key Takeaway

Homes in 45416 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 45416 was $108,575 in November 2024, up 11.9% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $53.5K$79K
+47.7%
3 $95.5K$109.2K
+14.4%
4 $202.2K$110K
-45.6%
5+ -$194.9K
N/A

Summary: 45416 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.7%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 45.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

45406
+23.5%
45405
+16.3%
45416
+11.9%
45415
+11.4%
45426
+5.8%

Housing Supply in 45416, OH

How many homes are available in 45416, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The 45416 real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1514
-6.7%
4 11
0.0%
5+ 11
0.0%

Summary: The 45416 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45416, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 45416 in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 45416, 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 45416, OH

Nearby Markets to 45416, OH