Is 45420, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45420 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 45420 has remained a Seller's Market.

Key Takeaway

45420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45420, OH

How much do homes in 45420, OH cost?

Median Sold Price

$169,900

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,900(+9.6%)

Key Takeaway

Homes in 45420 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 45420 was $169,900 in December 2024, up 9.6% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $75K$74K
-1.3%
2 $130.5K$138K
+5.7%
3 $169.7K$181.4K
+6.9%
4 $180K$197.7K
+9.9%
5+ $192K$182.5K
-4.9%

Summary: 45420 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

45410
+11.1%
45420
+9.6%
45429
+2.1%
45409
+1.9%
45419
+1.1%

Housing Supply in 45420, OH

How many homes are available in 45420, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
109100-8.3%

Summary: The 45420 real estate market had 100 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 3831
-18.4%
3 5551
-7.3%
4 1313
0.0%
5+ 12
+100.0%

Summary: The 45420 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 18.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2728+3.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45420, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 45420 in December 2024, up by 3.7% month-over-month. Of the 28 sold homes, 39% were sold under asking, 11% were sold at asking, and 50% were sold over asking.

Days on Market for 45420, 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 4 Days Ago

Newest Listings in 45420, OH

Nearby Markets to 45420, OH