Springfield, OH 45505 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Springfield, OH — 45505
Market Hotness
64
Hotness Rank
#4,161
Hotness Score
64
Supply Score
72
Demand Score
56
DOM vs US
-13.3%
Faster
Price vs US
34%
Below avg
Median Listing Price
$144K
Population
19,826
Households
61,126
Median Days on Market
40
Active Listings
42
New Listings
26
Housing Market
Pricing
Median Listing Price
$144K
+1.6% YoY
Average Listing Price
$184K
+1.1% YoY
Price per Sq Ft
$137
+13.7% YoY
Median Sq Ft
1,249
0.0% YoY
Inventory
Active Listings
42
-6.7% YoY
New Listings
26
-7.1% YoY
Total Listings
77
-9.5% YoY
Buyer Competition
Pending Listings
35
-14.8% YoY
Pending Ratio
0.83
-7.9% YoY
Median Days on Market
40
-35.4% YoY
Price Reduced
19.5%
-6.1% YoY
FY2026 Fair Market Rent — Clark County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$763
/month
1 BR
$843
/month
2 BR
$1,106
/month
3 BR
$1,355
/month
4 BR
$1,572
/month
FMR Trends — Clark County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
41.2
2024
Population
ZIP Population
19,826
-2.3% YoY
Clark County Population
134,985
+0.2% YoY
Households
Total Housing Units
61,126
+0.1% YoY
Age
2024 Age Mix
135K
residents
Under 18
30,519
22.6%
Adults 18–64
77,234
57.1%
65 & Over
27,405
20.3%
Age Composition Over Time
2017–2024
Population Under 18
30,519
-0.3% YoY
Population 65 & Over
27,405
+1.1% YoY
Median Age
41.20
0.0% YoY
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