Is 45873, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45873 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 45873 has remained a Seller's Market.

Key Takeaway

45873 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45873, OH

How much do homes in 45873, OH cost?

Median Sold Price

$126,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$24,000(-16.0%)

Key Takeaway

Homes in 45873 have sold for 16% less than they did a year ago.

Summary: The median home sold price in 45873 was $126,000 in November 2024, down 16% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$84K
N/A
2 $27.5K$68K
+147.3%
3 $144.2K$133K
-7.8%
4 $165.5K$112K
-32.3%
5+ -$155K
N/A

Summary: 45873 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 147.3%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 32.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

45879
+33.3%
45873
-16.0%

Housing Supply in 45873, OH

How many homes are available in 45873, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The 45873 real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 55
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The 45873 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45873, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 45873 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 45873, OH

How long does it take to sell a home in 45873, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
135 Days90 Days-33.0%

Summary: Homes in 45873 had an average of 90 days on market in Nov 2024, down by 33% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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 45873 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 45873; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 27 Days Ago

Newest Listings in 45873, OH

Nearby Markets to 45873, OH