Is 45504, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45504 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45504 has remained a Seller's Market.

Key Takeaway

45504 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45504, OH

How much do homes in 45504, OH cost?

Median Sold Price

$237,950

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,950(+19.0%)

Key Takeaway

Homes in 45504 have sold for 19% more than they did a year ago.

Summary: The median home sold price in 45504 was $237,950 in November 2024, up 19% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $139.5K$141.5K
+1.4%
3 $201.7K$235K
+16.5%
4 $220K$320K
+45.5%
5+ $401K$305K
-23.9%

Summary: 45504 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 1.4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes decreased by 23.9%.

Median Sold Price Compared To Nearby Zip Codes

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

Housing Supply in 45504, OH

How many homes are available in 45504, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5448-11.1%

Summary: The 45504 real estate market had 48 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 84
-50.0%
3 2628
+7.7%
4 1511
-26.7%
5+ 55
0.0%

Summary: The 45504 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 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45504, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 45504 in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for 45504, OH

How long does it take to sell a home in 45504, OH?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 45504 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 10 homes were sold in 45504; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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 22 Days Ago

Newest Listings in 45504, OH

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