Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 45406 — Dayton
The 45406 housing market shows signs of stability with modest price growth and a competitive pace for entry-level homes. High rental yields continue to attract investor interest, though the market remains sensitive to broader economic conditions in the Dayton area.
This ZIP is well-suited for real estate investors seeking high rental yields and budget-conscious buyers looking for entry-level housing options near the city center.
Median prices moved up 0.9% year over year.
Homes spend a median of 41 days on market with 7.1 months of supply — a balanced-paced market.
22% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 15.1% · poverty 24.6% — elevated distress and economic pressure.
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 10.4%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45406, 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.
Crime rates in the 45406 area remain higher than the national average, with property and violent crime trends consistently reported as significant concerns compared to the broader Dayton metropolitan region.
Public schools serving this ZIP are primarily part of the Dayton Public Schools district, which faces ongoing challenges regarding academic performance and state accountability ratings.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional wind damage, with flood risk concentrated near local waterways.
Economic momentum is tied to the broader Dayton recovery, with local development focused on urban infill and revitalization efforts, though large-scale corporate expansion remains limited within this specific ZIP.
Property taxes are assessed by Montgomery County based on local millage rates, which include levies for schools, city services, and county operations; exemptions are available for owner-occupied primary residences.
Residents have convenient access to I-75, providing a direct commute to downtown Dayton and major employment hubs in the northern suburbs.
The area features several local parks and community centers, with proximity to the Great Miami River trail system and basic retail shopping corridors along major arterial roads.
The rental market is characterized by high demand and strong gross yields, with many investors targeting single-family homes for long-term rental income.
The economy is anchored by healthcare, education, and government sectors, with significant employment provided by the nearby Wright-Patterson Air Force Base and local hospital systems.
The area is served by the Greater Dayton RTA bus system and benefits from proximity to the I-75 and US-35 highway interchange.
Development is primarily focused on small-scale residential rehabilitation and city-led neighborhood improvement initiatives.
The Montgomery County Auditor's office conducts triennial updates and sexennial reappraisals to determine property values for tax purposes.
Parcels are subject to Dayton Public Schools district taxes and various municipal levies for city services and infrastructure maintenance.
Property insurance premiums are influenced by the age of the housing stock and regional exposure to severe weather events.
Data retrieved from data.census.gov ZCTA-level tables.
A major cultural anchor located near the edge of the ZIP.
Notable for its preserved architecture and community character.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
Unlocked in the Investor tier
Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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