Is 45431, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45431 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45431 has remained a Seller's Market.

Key Takeaway

45431 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45431, OH

How much do homes in 45431, OH cost?

Median Sold Price

$249,950

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,250(+7.9%)

Key Takeaway

Homes in 45431 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 45431 was $249,950 in November 2024, up 7.9% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $66.5K-
N/A
2 $165K$165K
0.0%
3 $210K$235.2K
+12.0%
4 $322.5K$350K
+8.5%
5+ $385K$395K
+2.6%

Summary: 45431 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 did not change, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

45432
+19.1%
45403
+15.9%
45431
+7.9%
45404
+5.1%
45434
-1.1%

Housing Supply in 45431, OH

How many homes are available in 45431, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75750.0%

Summary: The 45431 real estate market had 75 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1312
-7.7%
3 3339
+18.2%
4 2420
-16.7%
5+ 54
-20.0%

Summary: The 45431 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 7.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2118-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45431, expect to pay close to the asking price. 38.9% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in 45431 in November 2024, down by 14.3% month-over-month. Of the 18 sold homes, 33% were sold under asking, 39% were sold at asking, and 28% were sold over asking.

Days on Market for 45431, 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 10 Days Ago

Newest Listings in 45431, OH

Nearby Markets to 45431, OH