Is Defiance, OH 43512 a buyer’s or seller’s market?
Defiance is a seller’s market. With about 3.1 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 68% of U.S. ZIP codes, and #191 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Defiance housing market right now
In the three months ending August 31, 2026, 44% of homes in Defiance, OH 43512 sold above their list price, the typical home went under contract in 55 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 79 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 28%, homes sold more slowly (46 days then) and the median sale price rose 4% to $199,913. Overall, Defiance is more competitive than a year ago, so tougher for buyers.
Within Defiance County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Defiance ranks #191 of 489 OH ZIP codes with enough sales (score 65 out of 100).
Nearby, buyers who want less competition could look at Sherwood 43556 (0% sold over asking) or Hicksville 43526 (19% sold over asking), while Mark Center 43536 (100% sold over asking) and Ney 43549 (50% sold over asking) are even more competitive.
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Nearby markets
Evansport 43519 — /sq ftHicksville 43526Seller’s market $117 /sq ftMark Center 43536 $106 /sq ftNey 43549Buyer’s market $121 /sq ft Browse all markets →Towns like Defiance nearby
Find towns like Defiance in other states →Where Defiance is
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Questions about Defiance real estate
Is Defiance a buyer’s or seller’s market?
A seller’s market: there were 3.1 months of supply in Defiance, OH 43512 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Defiance?
The typical home went under contract in 55 days in the latest three months.
Do homes in Defiance sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Defiance?
About 1.07% of a home’s value a year in Defiance County, or roughly $4,280 on a $400,000 home.
What is the median home price in Defiance?
The median sale price was $199,913 in the three months ending August 31, 2026, about $137 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology