Dayton, OH Housing Market Report

The Dayton real estate market as of December 2025 is characterized by a transition toward a more balanced environment, though it remains slightly tilted in favor of sellers due to high demand for affordable housing. With a median home value of $131,434, Dayton continues to be one of the most accessible urban markets in the Midwest. The sale-to-list ratio of 0.99 indicates that properties are selling very close to their asking prices, suggesting that while the frantic bidding wars of previous years have subsided, sellers still maintain significant pricing power.

Price trends over the last six months show a period of stabilization following a modest annual appreciation of 2.05%. After peaking in October at $131,482, values have flattened slightly through the winter months. This cooling is mirrored by a notable 10.91% increase in active inventory, which now stands at 2,084 units. The rise in available homes, combined with a median of 39 days on market, provides buyers with more breathing room and selection than they have seen in recent years.

Looking ahead, the Dayton-Kettering metro area is expected to maintain steady demand driven by its relatively low cost of living and stable employment sectors. For buyers, the current climate offers a window of opportunity to negotiate as inventory builds and competition softens seasonally. Sellers should be prepared for longer marketing periods and must ensure their homes are priced accurately to the current plateau, as the rapid month-over-month gains seen in mid-2025 have largely leveled off.