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Sarah Mitchell
Compass Real Estate · ZIP 43342
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43342 ZIP Code Housing Market
$270,000median sale price
What is the 43342 housing market like right now?
The median home sale price in ZIP code 43342 is $270,000, down 8.5% year-over-year. Homes sell in an average of 39 days with 14 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 43342 ZIP code a buyer's or seller's market?
ZIP code 43342 is currently a seller's market and homes selling in about 39 days. How we determine this →
What are the latest 43342 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $270,000 |
| Median list price | $306,450 |
| Year-over-year price change | -8.5% |
| Average days on market | 39 days |
| Active inventory | 14 listings |
| Sale-to-list price ratio | 103.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The 43342 zip code, located in Prospect, OH, is currently classified as a seller's market. The median sale price stands at $270,000, representing a -8.5% change year over year. Homes in this area spend an average of 39 days on the market before going under contract. There are currently 14 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 43342 sits in the Prospect, OH area, roughly 1.2 miles from downtown Prospect. Because home prices are set street by street, this ZIP can move differently from Prospect's citywide averages. The figures below reflect 43342 specifically — drawn from Redfin transactions, U.S. Census data for its 3,836 residents, and Zillow value estimates.
Homes sold
12
Last 12 weeks
Days on market
39
Average pace
Active listings
14
Sale-to-list
103.5%
Above asking
What is driving the 43342 housing market?
The 43342 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 103.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 43342 have declined -8.5% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 43342 stands at $275,630, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 43342?
Population
3,836
Median income
$84,803/yr
Median age
39.2 years
Owner-occupied
88.2%
College grads
24.4%
Avg commute
54.29 min
What is it like living in 43342?
Zip code 43342 is home to approximately 3,836 residents. The median household income is $84,803 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 88.2% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 24.4% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 54.29 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 43342.
Frequently asked questions about 43342
What is the median home price in 43342?
The current median sale price in 43342 is $270,000, based on recent Redfin transaction data. Prices have changed -8.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 43342 a buyer's or seller's market?
The 43342 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 43342?
Zip code 43342 has a population of approximately 3,836 residents. The median household income is $84,803 per year. About 88.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 43342?
Properties Incorporated provides comprehensive data for 43342 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 43342 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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