How much is a home worth in ZIP code 45424?

The typical home in 45424 is worth $227,149, based on the Zillow Home Value Index.

Are home values rising in 45424?

Home values in 45424 are up 4.2% over the past year, and up 6.9% a year over five years.

What is the typical rent in 45424?

A typical home in 45424 rents for about $1,325 a month, a gross rental yield of 7.0%.

What is the property tax rate in 45424?

The effective property tax rate in 45424 is 1.6% — roughly $3,588 a year on a typical home.

ZIP code 45424 has a population of 50,725 and a median household income of $80,605.

HousingHandbookReference data

…

U.S. ZIP Code · OH45424

Montgomery County · Dayton-Kettering-Beavercreek, OH

Typical home value

$227,149^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.2%
5-year / yr: +6.9%
10-year / yr: +7.7%

Relative price

vs U.S.: -20.0%
vs metro: -7.5%
vs state: +3.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 45424 is worth $227,149 — 7.5% below the Dayton-Kettering-Beavercreek, OH median. Over the past year, values have risen 4.2%. Homes here rent for a typical $1,325 a month — a 7.0% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,325^[2]
Gross yield: 7.0%^[2]
Cap rate: 4.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.6%^[3]
Typical annual tax: $3,588^[3]

#Climate risk

FEMA National Risk Index ratings for Montgomery County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 50,725^[3]
Median household income: $80,605^[3]

#Migration

Household moves in and out of Montgomery County over a year, from IRS tax-return data.

Net migration: -392^[5]
Moved in: 12,762
Moved out: 13,154

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 5
Middle: 2
High: 2

Wayne High School
High · Grades 9–12 · Huber Heights City
1,759 students
Stebbins High School
High · Grades 9–12 · Mad River Local
1,119 students
Weisenborn Junior High
Middle · Grades 7–8 · Huber Heights City
912 students
Wright Brothers Elementary School
Elementary · Grades K–6 · Huber Heights City
684 students
Charles Huber Elementary School
Elementary · Grades K–6 · Huber Heights City
632 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.0%

Net yield (after ~40% expenses)4.2%

Annual rent$15,894

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,149

Loan principal$181,719

Down payment$45,430

Total interest paid$231,772

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.24

Monthly cost to own$1,637

Monthly rent$1,325

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 86th percentile^[1]
Rental yield: 33rd percentile^[2]
Property tax: 57th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45424?: The typical home in 45424 is worth $227,149, based on the Zillow Home Value Index.
Are home values rising in 45424?: Home values in 45424 are up 4.2% over the past year, and up 6.9% a year over five years.
What is the typical rent in 45424?: A typical home in 45424 rents for about $1,325 a month, a gross rental yield of 7.0%.
What is the property tax rate in 45424?: The effective property tax rate in 45424 is 1.6% — roughly $3,588 a year on a typical home.
Who lives in 45424?: ZIP code 45424 has a population of 50,725 and a median household income of $80,605.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

45432 vs 45424 →
Beavercreek, OH
Typical home
$226,970
Gross yield
8.0%
45322 vs 45424 →
Clayton, OH
Typical home
$228,169
Gross yield
8.8%
45415
Clayton, OH
Typical home
$230,054
Gross yield
—
45383
West Milton, OH
Typical home
$235,257
Gross yield
—
45318
Covington, OH
Typical home
$238,291
Gross yield
—
45326
Fletcher, OH
Typical home
$243,191
Gross yield
—

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#Jump to section

U.S. ZIP Code · OH45424

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