The story of this market
The typical home in ZIP 45502 sells for about $320,000, or $145 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $886 a month.
ZIP 45502 — Springfield
The 45502 housing market is currently stable, with home prices showing modest year-over-year growth. While the median price is higher than some surrounding areas, the market remains competitive for entry-level buyers. Demand is supported by local employment anchors, though the overall pace of sales remains consistent with broader regional trends.
This ZIP is well-suited for budget-conscious family buyers and local workers seeking affordability relative to the broader Dayton metro area. It is less attractive to luxury buyers but offers opportunities for those prioritizing lower entry prices.
Median prices moved up 4.2% year over year.
Homes spend a median of 38 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 6.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 45502, Clark County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Springfield area are generally higher than the national average, with property crime being the most frequently reported issue. Local law enforcement continues to focus on community-based initiatives to address these trends.
Schools serving the 45502 area are part of the Springfield City School District, which faces ongoing challenges regarding academic performance and resource allocation. Families often evaluate specific neighborhood schools as quality can vary significantly by facility.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional high winds. Flood risk is localized to specific low-lying areas near regional waterways, and standard property insurance remains available.
Economic momentum is driven by a mix of manufacturing, healthcare, and education sectors in the greater Springfield and Dayton corridor. Infrastructure improvements are focused on maintaining regional connectivity to larger employment hubs.
Property taxes in this jurisdiction are determined by the Clark County Auditor based on assessed property values and local millage rates. Tax bills include levies for schools, county services, and municipal operations, with no state-level property tax.
Residents typically rely on personal vehicles for commuting, with access to I-70 providing a direct route to the Dayton employment core. Public transit options are limited, primarily serving the immediate Springfield urban area.
The area features access to local parks and green spaces managed by the city, with proximity to larger regional recreational facilities. Shopping and dining options are concentrated along major commercial corridors within the city limits.
The rental market is characterized by moderate demand, with a mix of single-family homes and multi-family units. Vacancy pressure is generally stable, though investor interest in lower-cost properties remains a factor.
The local economy is anchored by healthcare providers, manufacturing firms, and educational institutions. It serves as a regional hub for Clark County, benefiting from its position between Dayton and Columbus.
The area is served by a network of state routes and proximity to I-70, facilitating regional travel. Public transportation is provided by the Springfield City Area Transit (SCAT).
Development efforts are currently focused on downtown revitalization and the rehabilitation of older residential housing stock. There are no major large-scale greenfield developments currently reported.
The Clark County Auditor's office manages property assessments, conducting triennial updates to ensure valuations reflect current market conditions.
Parcels are subject to various taxing districts, including the Springfield City School District and local municipal levies. Some areas may fall under specific utility or fire district jurisdictions.
Property insurance premiums are influenced by regional weather patterns and the age of the housing stock. Market health is stable, with standard coverage options widely available.
Net domestic migration in Ohio has been relatively flat, with urban centers like Springfield seeing modest shifts as residents move between regional job markets.
Ohio is a judicial foreclosure state, requiring court intervention for the foreclosure process. This typically results in longer timelines for lenders to complete the process compared to non-judicial states.
Ohio law requires sellers to provide a Residential Property Disclosure Form, detailing the condition of the property and any known material defects.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- On Par Entertainment4.819.4 mi
- Round1 Bowling & Arcade - Beavercreek4.115.2 mi
- Get Air Huber Heights4.317.9 mi
- Great Escape Game Dayton516.4 mi
- Wild Axe Throwing516.8 mi
- Nutter Center4.314.7 mi
- Round1 Bowling & Arcade - Beavercreek4.115.2 mi
- Rose Music Center at The Heights4.717.5 mi
- Golden Corral Buffet & Grill4.115.3 mi
- Clark County Fairgrounds4.45.2 mi
- Historic Clifton Mill4.43.6 mi
- John Bryan State Park4.84.9 mi
- Glen Helen Nature Preserve4.85.9 mi
- Buck Creek State Park4.69.5 mi
- Clifton Gorge State Nature Preserve4.83.8 mi
- National Museum of the US Air Force4.917.7 mi
- Historic Clifton Mill4.43.6 mi
- Air Force Museum Foundation Meetings & Events4.917.7 mi
- Hartman Rock Garden4.65.5 mi
- Carriage Hill MetroPark4.716.3 mi
- John Bryan State Park4.84.9 mi
- Glen Helen Nature Preserve4.85.9 mi
- Buck Creek State Park4.69.5 mi
- Clifton Gorge State Nature Preserve4.83.8 mi
- Waterfalls Trailhead4.87 mi
- Buck Creek Marina4.59 mi
- Locust Hills Golf Club4.62.5 mi
- National Golf Links4.59.3 mi
- Windy Knoll Golf Club4.39.2 mi
- Reid Park Golf Course4.34.9 mi
- WGC Golf Course4.411.4 mi
- Meijer4.27.8 mi
- Dole Fresh Vegetables Co36.4 mi
- Rural King4.58.4 mi
- Peifer Orchards4.75.3 mi
- Kohl's4.18 mi
- Dayton International Airport4.423.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A large municipal park offering trails, gardens, and river access.
A regional cultural anchor featuring diverse art collections.
A primary commercial district serving the local population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.