Is 45503, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45503 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 45503 has remained a Seller's Market.

Key Takeaway

45503 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45503, OH

How much do homes in 45503, OH cost?

Median Sold Price

$175,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,333(-1.3%)

Key Takeaway

Homes in 45503 have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in 45503 was $175,000 in October 2024, down 1.3% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K-
N/A
2 $147K$140K
-4.8%
3 $179.5K$190K
+5.8%
4 $237.4K$191.5K
-19.4%
5+ $161.2K$178K
+10.4%

Summary: 45503 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

45505
+37.2%
45504
+14.0%
45502
+1.4%
45503
-1.3%

Housing Supply in 45503, OH

How many homes are available in 45503, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8188+8.6%

Summary: The 45503 real estate market had 88 homes for sale in October 2024, a 8.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1721
+23.5%
3 4348
+11.6%
4 1714
-17.6%
5+ 44
0.0%

Summary: The 45503 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2917-41.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45503, you may be able to get a good deal. 35.3% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 45503 in October 2024, down by 41.4% month-over-month. Of the 17 sold homes, 35% were sold under asking, 35% were sold at asking, and 29% were sold over asking.

Days on Market for 45503, OH

How long does it take to sell a home in 45503, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days63 Days+75.2%

Summary: Homes in 45503 had an average of 63 days on market in Oct 2024, up by 75.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 45503 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 45503; 0% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 45503, OH

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