Is West Alexandria, OH 45381 a buyer’s or seller’s market?
West Alexandria is a seller’s market. With about 2.6 months of supply and 27% 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.
The West Alexandria housing market right now
In the three months ending August 31, 2026, 27% of homes in West Alexandria, OH 45381 sold above their list price, the typical home went under contract in 37 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (40 days then) and the median sale price fell 17% to $269,883. Overall, West Alexandria is more competitive than a year ago, so tougher for buyers.
Within Preble County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 63%.
Nearby, buyers who want less competition could look at West Manchester 45382 (0% sold over asking) or Verona 45378 (0% sold over asking), while Eldorado 45321 (50% sold over asking) and Lewisburg 45338 (44% sold over asking) are even more competitive.
Run the numbers for 45381
Nearby markets
Camden 45311Seller’s market $142 /sq ftCollege Corner 45003Buyer’s market $30 /sq ftEaton 45320Seller’s market $165 /sq ftEldorado 45321Seller’s market $87 /sq ft Browse all markets →Towns like West Alexandria nearby
Find towns like West Alexandria in other states →Where West Alexandria is
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Questions about West Alexandria real estate
Is West Alexandria a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in West Alexandria, OH 45381 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 West Alexandria?
The typical home went under contract in 37 days in the latest three months.
Do homes in West Alexandria sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in West Alexandria?
About 1.04% of a home’s value a year in Preble County, or roughly $4,160 on a $400,000 home.
What is the median home price in West Alexandria?
The median sale price was $269,883 in the three months ending August 31, 2026, about $156 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