The story of this market
The typical home in ZIP 45381 sells for about $235,000, or $148 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $756 a month.
ZIP 45381 — West Alexandria
The housing market in 45381 remains stable with modest year-over-year price appreciation and low inventory levels. Demand is driven by buyers seeking rural affordability within commuting distance of the Dayton metro area. The market is currently balanced, with homes selling at a steady pace.
This ZIP is ideal for families and individuals seeking a quiet, rural lifestyle with affordable housing, while remaining within a reasonable commuting distance to larger urban centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 42 days on market with 3.1 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 4.2% · poverty 11.2% — 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 6.4%/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 5.9%/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 45381, Preble 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.
West Alexandria is a small, rural community with crime rates significantly lower than the Dayton metropolitan average. Reported incidents are primarily property-related, with violent crime being rare.
The area is served by the Twin Valley Community Local School District, which generally maintains stable performance ratings within the state accountability framework.
The region faces moderate risk from severe thunderstorms and occasional high winds, with localized flood risks near the Twin Creek corridor.
Economic momentum is driven by proximity to the Dayton and Richmond, IN employment hubs, with a focus on agricultural support and small-scale local commerce.
Property taxes are assessed by Preble County based on the local millage rate, which includes levies for the school district, county services, and township operations.
Residents primarily commute by car, with a typical drive of 25-35 minutes to reach major employment centers in Dayton or Richmond via US Route 35.
The area features access to local parks and the Twin Creek MetroPark, offering hiking and fishing, with limited retail and dining options located within the village center.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available.
The local economy is anchored by agricultural production, small manufacturing, and service-sector businesses that support the surrounding rural population.
Transportation is almost exclusively reliant on private vehicles, with US Route 35 serving as the primary arterial corridor for regional access.
Development is primarily focused on small-scale residential infill and maintenance of existing infrastructure rather than large-scale commercial expansion.
The Preble County Auditor manages property assessments, conducting triennial updates to ensure valuations reflect current market conditions.
Parcels are subject to standard county and township levies, with no significant MUD or PID districts identified in the area.
Property insurance premiums are generally stable, though homeowners should account for potential surcharges related to wind and hail coverage common in the Midwest.
Data retrieved from data.census.gov 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.
- Land of Illusion Adventure Park4.413.5 mi
- Wegerzyn Gardens MetroPark4.819.2 mi
- Kid Clubhouse4.718.1 mi
- Sky Zone Trampoline Park4.319.7 mi
- Chuck E. Cheese417.5 mi
- Land of Illusion Adventure Park4.413.5 mi
- University of Dayton Arena4.718.3 mi
- Dayton Convention Center4.119 mi
- Lewisburg Haunted Cave4.610.6 mi
- Day Air Ballpark4.819.4 mi
- Lewisburg Haunted Cave4.610.6 mi
- Germantown MetroPark4.88.2 mi
- Golden Gate Park4.711.4 mi
- Sycamore State Park4.111.8 mi
- Fort Saint Clair Park4.86.2 mi
- Boonshoft Museum of Discovery4.718.9 mi
- Carillon Historical Park4.818.4 mi
- Aullwood Audubon Center4.818.2 mi
- The Dayton Art Institute4.718.6 mi
- Dayton Arcade4.618.9 mi
- Germantown MetroPark4.88.2 mi
- Golden Gate Park4.711.4 mi
- Sycamore State Park4.111.8 mi
- Fort Saint Clair Park4.86.2 mi
- Daniel's Peace Memorial Park4.99.7 mi
- Hueston Woods Marina4.514.5 mi
- Lakengren Marina4.67.7 mi
- Jamaica Run Golf Club3.212.9 mi
- Steiner's Country Market4.89.8 mi
- Tuken's Farm Market & Winery4.54.3 mi
- Reichard Chevrolet4.411.1 mi
- Dollar General4.37.5 mi
- Five Points Center4.26.1 mi
- Dayton International Airport4.421.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large nature preserve offering hiking trails and scenic views of the creek.
Community park with sports fields and playground facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.