DAYTON — Daytonians will tell you the Gem City is a great place to live, but now there’s research to prove it.
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New Center 7’s Nick Foley spoke with the president of Dayton Realtors about the affordability of living in Gem City in 2025.
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Results from a new WalletHub study revealed that the Dayton real estate market is the 9th most affordable in the country for smaller cities.
The study scored Dayton high in cost per square foot and the cost of homeowners’ insurance.
Dayton Realtors President Kelly McCormick said the number of construction projects and new inventory also helps make Dayton the affordable and healthy market it is.
“What do I think? I think Dayton is a great place to live,” McCormick said.
McCormick said she’s seen the market trends and Dayton is up.
“We came out of a very, very harsh winter here that I think slowed some of the home sales down. But I think you’re going to find out by the end of this year, we’ve had a very, very good year in the Dayton region,” McCormick said.
The average number of sold units in the region jumped last month and is on par with April of last year while the average sales price has jumped more than $12,000, as reported on News Center 7 at 6:00.
This means the average value of each of these homes sold is worth more.
Whether Dayton homeowners are looking to buy or sell, McCormick said Dayton offers opportunities for all.
“If you’ve got a month to find a house, and you need eight months to build a house, you’re going to choose a home that’s already listed, already on the market with a real estate company. So, that continues to make sellers have a very good market for their homes, and it continues to drive buyers toward those sellers,” McCormick said.
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