Dayton, OH 45406 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Dayton, OH—45406

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$88,000

0.3% YoY Growth

Household Income

$43,200

56.7% YoY Growth

Days on Market

17.0% Longer YoY

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

45410 45405 45414 45403 45459 45402 45404 45417

Home Price Trends — Dayton, OH

Dayton, OH lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$88,000	-0.3%
Single Family	$88,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Dayton, OH

As of July '25, Rentcast reports the average rent in Dayton, OH is $907, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Dayton, OH is studios: $667, 1-bedrooms: $747, 2-bedrooms: $879, 3-bedrooms: $1,160, 4-bedrooms: $1,460. The most common rental property sizes in Dayton, OH are 2-bedroom and 3-bedroom, accounting for 32.7% and 30.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$825	$907
Studio Rent	$665	$667
1 Bed Rent	$740	$747
2 Bed Rent	$895	$879
3 Bed Rent	$1,200	$1,160
4 Bed Rent	$1,300	$1,460

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% of Rental Stock

Studio

4.6%

1 Bedroom

27.0%

2 Bedrooms

32.7%

3 Bedrooms

30.5%

4 Bedrooms

4.7%

5+ Bedrooms

0.6%

Property Listings — Dayton, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Dayton, OH is 62. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$128,000	12.0%
Listing Count	90	10.0%
Listings as % of Homes	0.6%	10.0%
Days on Market	66	17.0%

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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.

Metric	Latest Census	YoY % Change
Population	20,300	4.3%
% 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

Metric	Latest Census	5-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

Metric	Zip 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%

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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 Size	HUD Premium	Market Rent	Max 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

Dayton, OH—45406

Key Metrics at a Glance

Other Zip Codes in Dayton, OH

Home Price Trends — Dayton, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Dayton, OH

% of Rental Stock

Property Listings — Dayton, OH

Demographics — Dayton, OH

Race and Ethnicity

Mortgage and Risk — Dayton, OH

Mortgages

Rentals and Section 8 — Dayton, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Dayton, OH

Home Price to Income Ratio

Dayton, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Dayton, OH

Trotwood, OH

Dayton, OH

Ridgewood Heights

Clayton, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.9
Median Home Price	$88,000
Median Household Income	$43,200

Dayton, OH—45406

Key Metrics at a Glance

Other Zip Codes in Dayton, OH

Home Price Trends — Dayton, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Dayton, OH

% of Rental Stock

Property Listings — Dayton, OH

Demographics — Dayton, OH

Race and Ethnicity

Mortgage and Risk — Dayton, OH

Mortgages

Rentals and Section 8 — Dayton, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Dayton, OH

Home Price to Income Ratio

Dayton, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Dayton, OH

Trotwood, OH

Dayton, OH

Ridgewood Heights

Clayton, OH

Frequently Asked Questions

What is the average home price in Dayton, OH 45406?

How have home prices in Dayton, OH 45406 changed over the past year?

What is the home price projection for Dayton, OH 45406?

What are the demographics of Dayton, OH 45406?

How long does it take homes to sell in Dayton, OH 45406?

What is the average rent price in Dayton, OH 45406?