Is 45506, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45506 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45506 has remained a Seller's Market.

Key Takeaway

45506 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45506, OH

How much do homes in 45506, OH cost?

Median Sold Price

$125,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+8.7%)

Key Takeaway

Homes in 45506 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 45506 was $125,000 in November 2024, up 8.7% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$115K
N/A
2 $100K$92.5K
-7.5%
3 $116K$127.9K
+10.3%
4 $103K$123K
+19.4%
5+ $130K$150K
+15.4%

Summary: 45506 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 decreased by 7.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

45505
+32.1%
45504
+19.0%
45344
+13.2%
45506
+8.7%
45502
-1.6%

Housing Supply in 45506, OH

How many homes are available in 45506, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3741+10.8%

Summary: The 45506 real estate market had 41 homes for sale in November 2024, a 10.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2323
0.0%
4 57
+40.0%
5+ 34
+33.3%

Summary: The 45506 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45506, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 45506 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for 45506, 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 45506, OH

Nearby Markets to 45506, OH