Is 45505, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45505 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45505 has remained a Seller's Market.

Key Takeaway

45505 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45505, OH

How much do homes in 45505, OH cost?

Median Sold Price

$148,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,000(+32.1%)

Key Takeaway

Homes in 45505 have sold for 32.1% more than they did a year ago.

Summary: The median home sold price in 45505 was $148,000 in November 2024, up 32.1% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $32K-
N/A
2 $93K$125K
+34.4%
3 $123.9K$155K
+25.1%
4 $159.9K$179K
+11.9%
5+ $209.9K$195K
-7.1%

Summary: 45505 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 34.4%, 3 bedroom homes increased by 25.1%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Zip Codes

45505
+32.1%
45506
+8.7%
45502
-1.6%
45503
-2.1%
45368
-23.5%

Housing Supply in 45505, OH

How many homes are available in 45505, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6952-24.6%

Summary: The 45505 real estate market had 52 homes for sale in November 2024, a 24.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1512
-20.0%
3 4133
-19.5%
4 97
-22.2%
5+ 40
-100.0%

Summary: The 45505 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 20%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45505, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 45505 in November 2024, down by 18.2% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.

Days on Market for 45505, 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 45505, OH

Nearby Markets to 45505, OH