Dayton, OH45417

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$71,000
4.3% YoY Growth
Median Household Income
$35,000
37.1% 5-Year Growth
Days on Market
43
44.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$995
2.9% YoY Growth
1-Bed Rent
$825
16.0% YoY Growth
2-Bed Rent
$875
2.8% YoY Growth
3-Bed Rent
$1,120
0.9% 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 43. This is a increase of 44.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$99,9001.0%
Listing Count
9115.0%
Listings as % of Homes0.4%15.0%
Days on Market
4344.0%
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Demographics — Dayton, OH

As of the latest ACS Survey released in 2023, Dayton, OH has a population of 28,200, which has decreased by -4.0% over the past 5 years. Dayton, OH is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 11.9% 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
28,200-4.0%
% Under 18
26.0%6.6%
% Seniors
18.5%4.5%
% WFH
8.9%287.0%
% w/ College Degree
11.9%20.2%
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As of the latest ACS Survey released in 2023, Dayton, OH is a predominantly black area, with 71.5% of the population identifying as black. The black population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Dayton, OH is white, making up 19.5% of the population. Foreign-born residents account for 2.6% of the population in Dayton, OH, and this percentage has increased by 73.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
19.5%22.6%
% Black
71.5%-9.1%
% Hispanic
2.6%-3.7%
% Asian
0.0%-100.0%
% Foreign Born
2.6%73.3%
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Mortgage and Risk — Dayton, OH

According to HUD data as of 2023, there were 226 mortgage originations in Dayton, OH, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Dayton, OH. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
226
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
8.0%
% Second Loans
1.0%
% Cash Out Refinance
6.0%

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 32.0%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Dayton, OH, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
2,583
Total Units Section 8
1,853
% Rentals under Section 8
32.0%
% Occupied Section 8
83.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$55$825$770
2 Bedroom$105$875$980
3 Bedroom$140$1,120$1,260
4 Bedroom-$100$1,500$1,400

Affordability — Dayton, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.8
Median Home Price$71,000
Median Household Income$35,000

Dayton, OH — ZIP Code Boundary Map

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Frequently Asked Questions