Dayton, OH45406

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$88,000
1.7% YoY Growth
Median Household Income
$43,200
56.7% 5-Year Growth
Days on Market
54
5.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$825
1.0% YoY Growth
1-Bed Rent
$740
7.6% YoY Growth
2-Bed Rent
$895
4.9% YoY Growth
3-Bed Rent
$1,200
3.6% YoY Growth

Other Zip Codes in Dayton, OH

Property Listings — Dayton, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Dayton, OH is 54. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$130,0002.0%
Listing Count
78-8.0%
Listings as % of Homes0.6%-8.0%
Days on Market
54-5.0%
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Demographics — Dayton, OH

As of the latest ACS Survey released in 2023, Dayton, OH has a population of 20,300, which has increased by 4.3% over the past 5 years. Dayton, OH is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
20,3004.3%
% Under 18
24.1%9.0%
% Seniors
17.4%5.5%
% WFH
8.9%64.8%
% w/ College Degree
21.1%16.6%
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As of the latest ACS Survey released in 2023, Dayton, OH is a predominantly black area, with 75.2% of the population identifying as black. The black population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Dayton, OH is white, making up 16.2% of the population. Foreign-born residents account for 2.5% of the population in Dayton, OH, and this percentage has increased by 19.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
16.2%25.6%
% Black
75.2%-6.5%
% Hispanic
2.9%45.0%
% Asian
0.3%200.0%
% Foreign Born
2.5%19.0%
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Mortgage and Risk — Dayton, OH

According to HUD data as of 2023, there were 236 mortgage originations in Dayton, OH, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Dayton, OH. Investor activity is low, as 10.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
236
% Conventional Loans
67.0%
% Government Loans
33.0%
% Investor Loans
10.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Dayton, OH

As of 2024, the percent of homes in Dayton, OH under the Section 8 program is 17.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Dayton, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
1,297
Total Units Section 8
916
% Rentals under Section 8
17.9%
% Occupied Section 8
85.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$40$740$780
2 Bedroom$95$895$990
3 Bedroom$80$1,200$1,280
4 Bedroom$110$1,300$1,410

Affordability — Dayton, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.9
Median Home Price$88,000
Median Household Income$43,200

Dayton, OH — ZIP Code Boundary Map

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Frequently Asked Questions