Dayton real estate market overview
- Average Monthly Rent: $984
- Home Price/Value Percentage Change: 7.90%
- Median Home Value: $104,681
- Best Time To Sell a Home: June
- Affordability Index: High
- Days To Sell a House: 38
- Job Market: Weak
- Public School Ranking: 34
Location and weather
Dayton is within the Miami Valley area of Ohio and sits north of the Cincinnati metropolitan region. It is the 6th largest city in the state and fourth largest metropolitan area in Ohio. Dayton is home to many museums, landmarks, comedy clubs, bars, parks and scenic views, which makes it the prime spot for both families and young adults. Some of the more well-known attractions Dayton offers include the National Museum of the US Airforce and the 2nd Street Market, which is the perfect place to get brunch, coffee, or fresh fruit and vegetables.
The climate here consists of long, warm summers and cold, wet winters. Summer temperatures reach highs in the mid-80's and lows in the 50's, while winter temperatures reach highs in the 40's and lows in the mid-20's.
Population, job market and cost of living
Dayton's population is 136,480, with a declining rate of -0.28%.
The job growth has decreased by -4.42% over the last year and in ten years, is predicted to have increased by 27.59%. The largest industries here are health care and social assistance, manufacturing, and retail trade, while the highest paying are public administration, utilities, and management of companies and enterprises. The biggest companies in Dayton include Morgan Linen & Uniform Services, Premier Physicians, Maple Timber Acquisition LLC, Lion Apparel and Kettering Health Network.
The cost of living in Dayton is 18.9% less than the US average, with housing being the most significant cost. As Dayton continues to evolve, providing its residents with consistent job growth and a relatively low cost of living, it will attract both residents and tourists that are looking for a city with a thriving nightlife and strong art presence.
Dayton real estate market details
- Linden Heights
- Patterson Park
- Pheasant Hill
- Walnut Hills
There has been a 7.9% increase in median home value over the last year. As of 2023, the median home value is $104,681.
The best time to sell a home for the highest valued sale is during June. For the quickest sale, homeowners should sell in August.
The top ranked public schools are Harman Elementary School, Oakwood Junior High School, Oakwood high School, Smith Elementary School and Main Elementary School. This information is based on data measuring academic performance and equity.