Is 45872, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45872 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 45872 has remained a Seller's Market.

Key Takeaway

45872 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45872, OH

How much do homes in 45872, OH cost?

Median Sold Price

$155,380

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,070(-1.3%)

Key Takeaway

Homes in 45872 have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in 45872 was $155,380 in October 2024, down 1.3% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $73.2K$97.5K
+33.1%
3 $151K$169.9K
+12.5%
4 $183.7K$132K
-28.2%
5+ --
N/A

Summary: 45872 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 increased by 33.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 28.2%, and 5+ bedroom homes did not change.

Housing Supply in 45872, OH

How many homes are available in 45872, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1417+21.4%

Summary: The 45872 real estate market had 17 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 911
+22.2%
4 00
0.0%
5+ 11
0.0%

Summary: The 45872 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45872, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 45872 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 45872, OH

How long does it take to sell a home in 45872, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days57 Days+29.5%

Summary: Homes in 45872 had an average of 57 days on market in Oct 2024, up by 29.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 45872 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 45872; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

Newest Listings in 45872, OH

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