Is Alger, OH 45812 a buyer’s or seller’s market?
Alger is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Alger housing market right now
In the three months ending August 31, 2026, 0% of homes in Alger, OH 45812 sold above their list price, the typical home went under contract in 142 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (135 days then) and the median sale price rose 67% to $191,917. Overall, Alger is less competitive than a year ago, which gives buyers more room.
Within Hardin County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Mount Victory 43340 (33% sold over asking) and Dunkirk 45836 (20% sold over asking) are even more competitive.
Run the numbers for 45812
Nearby markets
Ada 45810Seller’s market $138 /sq ftBelle Center 43310Seller’s market $160 /sq ftDola 45835Seller’s market $157 /sq ftDunkirk 45836Seller’s market $117 /sq ft Browse all markets →Towns like Alger nearby
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Questions about Alger real estate
Is Alger a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Alger, OH 45812 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 Alger?
The typical home went under contract in 142 days in the latest three months.
Do homes in Alger sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in Alger?
About 1.05% of a home’s value a year in Hardin County, or roughly $4,200 on a $400,000 home.
What is the median home price in Alger?
The median sale price was $191,917 in the three months ending August 31, 2026, about $105 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