Renter percentages in zip code 45310 have been consistently reported as "no data available" throughout the period. However, average rent prices have shown significant fluctuations. In 2013, the average rent was $716, which increased to $827 in 2018, representing a 15.5% increase. Interestingly, the average rent then dropped dramatically to $455 in 2019, a 45% decrease, before rising again to $692 in 2022. These fluctuations in rent prices occurred despite the relatively stable population, which ranged from 5 to 7 residents throughout the period.

In 2023, the average home price in zip code 45310 reached $176,182, a 6.3% increase from 2022. This upward trend continued into 2024, with the average home price rising to $180,779, a further 2.6% increase. Concurrently, federal interest rates rose significantly, reaching 5.02% in 2023 and 5.33% in 2024. This increase in interest rates, however, does not seem to have dampened the growth in average home prices in this area.

Looking ahead, predictive models suggest that average home prices in zip code 45310 may continue to rise over the next five years, albeit at a potentially slower rate due to the higher interest rates. Average rent prices are likely to remain volatile, given the historical fluctuations and the small population size, which makes the market more susceptible to individual changes in occupancy.

In summary, zip code 45310 presents a unique case of a very small community with significant fluctuations in homeownership rates and average rent prices. Despite these fluctuations, average home prices have shown a consistent upward trend since 2017, even in the face of rising interest rates. The area's small population size likely contributes to the volatility observed in various housing metrics, making it an interesting case study in small-scale rural housing markets.