The story of this market
The typical home in ZIP 45346 sells for about $173,539, or $115 per square foot.
Prices are up +11.1% 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 $790 a month.
ZIP 45346 — New Madison
The housing market in 45346 remains steady, characterized by moderate price growth and consistent sales volume. Demand is supported by the area's affordability relative to the broader Dayton metro market, though inventory levels remain tight.
This ZIP is well-suited for family buyers and commuters seeking affordable housing options within a reasonable distance of the Dayton employment hub.
Median prices moved up 11.1% year over year.
Homes spend a median of 38 days on market with 2.5 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 1.3% · poverty 12.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45346, Montgomery 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.
Schools serving the area are part of the New Lebanon Local School District, which maintains a standard academic profile consistent with regional suburban districts.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific low-lying areas.
Economic momentum is driven by proximity to the Dayton metro employment core, with local development focused on residential stability and small-scale commercial growth.
Property taxes are assessed by Montgomery County based on local millage rates, which include levies for school districts, county services, and township operations.
Residents primarily commute via US-35 toward downtown Dayton, with typical drive times ranging from 20 to 30 minutes depending on traffic.
The area features access to local community parks and is within a short drive of larger regional greenbelts and recreational facilities in the Miami Valley.
The rental market is characterized by stable demand and low vacancy rates, with a mix of single-family rentals and small apartment complexes.
The local economy is integrated into the broader Dayton metro area, with significant employment in manufacturing, healthcare, and logistics.
Transportation is primarily automobile-dependent, with US-35 serving as the main arterial corridor connecting the area to the Dayton metro region.
Development is currently focused on infill residential projects and maintaining existing infrastructure.
The Montgomery County Auditor's office conducts triennial updates and sexennial reappraisals to determine property values for tax purposes.
Parcels are subject to New Lebanon Local School District taxes and various county-level special service levies.
Property insurance premiums are influenced by regional exposure to wind and storm damage, consistent with the broader Ohio market.
Ohio is a judicial foreclosure state, requiring court intervention to complete the foreclosure process.
Sellers are required to provide a residential property disclosure form detailing the condition of the home to potential buyers.
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.
- Lewisburg Haunted Cave4.611.6 mi
- Darke County Fairgrounds4.59 mi
- Preble County Fairgrounds4.317.2 mi
- Wayne County Fairgrounds4.414.8 mi
- Natural Springs Resort - RV Park, Campground and Recreation Destination4.19.2 mi
- Uranus Fudge Factory - Richmond Indiana4.710.8 mi
- Lewisburg Haunted Cave4.611.6 mi
- Thistlethwaite Falls4.612.8 mi
- Glen Miller Park4.512.2 mi
- AMC CLASSIC Richmond 11411.7 mi
- Official Randolph County Asylum/Infirmary4.717.2 mi
- Levi and Catharine Coffin State Historic Site4.710.5 mi
- Bear's Mill4.813.2 mi
- Garst Museum4.810.2 mi
- Model T Museum4.813.3 mi
- Glen Miller Park4.512.2 mi
- Hayes Arboretum4.811.5 mi
- Shawnee Prairie Preserve & Nature Center4.79.5 mi
- Greenville City Park4.510.6 mi
- Middlefork Reservoir4.411.2 mi
- Beechwood Golf Course4.27.7 mi
- Turtle Creek Golf Course412.5 mi
- Union City Country Club4.612.4 mi
- Meijer4.211.4 mi
- Dillard's4.212 mi
- Rural King4.411.4 mi
- Richmond Mall3.512 mi
- T.J. Maxx4.312.3 mi
- Dayton International Airport4.426.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Primary retail and dining hub serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.