45387 ZIP Code Housing Market
$417,830median sale price
Quick answer: The median home sale price in ZIP code 45387 is $417,830, down 3.3% year-over-year. Homes sell in an average of 55 days with 10 active listings. The market is currently a leaning buyer's.
45387 market data
| Metric | Value |
|---|---|
| Median sale price | $417,830 |
| Median list price | $399,000 |
| Year-over-year price change | -3.3% |
| Average days on market | 55 days |
| Active inventory | 10 listings |
| Sale-to-list price ratio | 99.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 45387 zip code, located in Fort Seneca, OH, is currently classified as a leaning buyer's. The median sale price stands at $417,830, representing a -3.3% change year over year. Homes in this area spend an average of 55 days on the market before going under contract. There are currently 10 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 45387 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
10
Last 12 weeks
Days on market
55
Average pace
Active listings
10
Sale-to-list
99.3%
Below asking
Market trends
Market analysis for 45387
The 45387 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 99.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 45387 have declined -3.3% 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 45387 stands at $370,190, 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.
Community profile
Population
5,285
Median income
$96,042/yr
Median age
56 years
Owner-occupied
7259.0%
College grads
6226.0%
Avg commute
15.76 min
Living in 45387
Zip code 45387 is home to approximately 5,285 residents. The median household income is $96,042 per year, which shapes the types of homes and amenities available in the area. With a median age of 56 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7259.0% 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 6226.0% 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 15.76 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 45387.
Frequently asked questions about 45387
What is the median home price in 45387?
The current median sale price in 45387 is $417,830, based on recent Redfin transaction data. Prices have changed -3.3% 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 45387 a buyer's or seller's market?
The 45387 zip code is currently classified as a leaning buyer's. 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 and demographics of 45387?
Zip code 45387 has a population of approximately 5,285 residents. The median household income is $96,042 per year. About 7259.0% 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 45387?
Properties Incorporated provides comprehensive data for 45387 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 45387 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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