Is 45502, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45502 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45502 has remained a Seller's Market.

Key Takeaway

45502 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45502, OH

How much do homes in 45502, OH cost?

Median Sold Price

$280,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,500(-1.6%)

Key Takeaway

Homes in 45502 have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in 45502 was $280,000 in November 2024, down 1.6% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $313.5K-
N/A
2 $163.7K$174.9K
+6.8%
3 $284.5K$260K
-8.6%
4 $319.9K$365K
+14.1%
5+ $399K$412.4K
+3.4%

Summary: 45502 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 6.8%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Zip Codes

45505
+32.1%
45504
+19.0%
45506
+8.7%
45502
-1.6%
45503
-2.1%

Housing Supply in 45502, OH

How many homes are available in 45502, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5646-17.9%

Summary: The 45502 real estate market had 46 homes for sale in November 2024, a 17.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 99
0.0%
3 2826
-7.1%
4 1610
-37.5%
5+ 31
-66.7%

Summary: The 45502 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 7.1%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45502, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 45502 in November 2024, up by 14.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for 45502, 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 22 Days Ago

Newest Listings in 45502, OH

Nearby Markets to 45502, OH