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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dayton is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Dayton, OH

How much do homes in Dayton, OH cost?

Median Sold Price

$183,196

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$48,131(+35.6%)

Key Takeaway

Homes in Dayton have sold for 35.6% more than they did a year ago.

Summary: The median home sold price in Dayton was $183,196 in April 2024, up 35.6% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $65K$95K
+46.2%
2 $96.4K$124.6K
+29.3%
3 $139.2K$178.7K
+28.4%
4 $189.7K$279.9K
+47.6%
5+ $175K$285K
+62.9%

Summary: Dayton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 28.4%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes increased by 62.9%.

Median Sold Price Compared To Nearby Cities

Dayton
+35.6%
Trotwood
+12.8%
Riverside
+10.0%
Harrison Township
+9.7%
Oakwood
+9.4%

Housing Supply in Dayton, OH

How many homes are available in Dayton, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,3931,485+6.6%

Summary: The Dayton real estate market had 1,485 homes for sale in April 2024, a 6.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1014
+40.0%
2 270259
-4.1%
3 696738
+6.0%
4 296332
+12.2%
5+ 121142
+17.4%

Summary: The Dayton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 17.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
411434+5.6%

Asking Price vs. Sold Price

192 Homes Were Sold
Under Asking

90 Homes Were Sold
At Asking

152 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dayton, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.

Summary: A total of 434 homes were sold or pending in Dayton in April 2024, up by 5.6% month-over-month. Of the 434 sold homes, 44% were sold under asking, 21% were sold at asking, and 35% were sold over asking.

Days on Market for Dayton, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
55 Days60 Days+9.5%

Summary: Homes in Dayton had an average of 60 days on market in Apr 2024, up by 9.5% compared to last year.

Breakdown of Home Sale Times

96 Homes Were Sold
Under 30 Days

264 Homes Were Sold
In 30 - 90 Days

74 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 434 homes were sold in Dayton; 22% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 17% 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 10 Days Ago

Newest Listings in Dayton, OH

Nearby Markets to Dayton, OH

What housing markets are near Dayton, OH?