Centerburg, OH—43011
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Centerburg, OH
As of Oct '25, the median home price in Centerburg, OH is $383,000, with a year-over-year change of 2.9%. This indicates that home prices in Centerburg, OH are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $383,000 | 2.9% |
| Single Family | $383,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $275,000 | 3.8% |
3 Bed | $385,000 | 4.1% |
4 Bed | $474,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Centerburg, OH
Centerburg, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Centerburg, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Centerburg, OH is 77. This is a increase of 107.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $564,000 | 34.0% |
Listing Count | 23 | 61.0% |
| Listings as % of Homes | 0.3% | 61.0% |
Days on Market | 77 | 107.0% |
Demographics — Centerburg, OH
As of the latest ACS Survey released in 2023, Centerburg, OH has a population of 6,980, which has decreased by -9.6% over the past 5 years. Centerburg, OH is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 27.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,980 | -9.6% |
% Under 18 | 23.7% | 2.6% |
% Seniors | 19.3% | 49.6% |
% WFH | 18.5% | 198.4% |
% w/ College Degree | 27.5% | 14.1% |
As of the latest ACS Survey released in 2023, Centerburg, OH is a predominantly white area, with 95.0% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Centerburg, OH is hispanic, making up 0.5% of the population. Foreign-born residents account for 0.8% of the population in Centerburg, OH, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.0% | 1.4% |
% Black | 0.2% | -83.3% |
% Hispanic | 0.5% | -66.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.8% | 100.0% |
Mortgage and Risk — Centerburg, OH
According to HUD data as of 2023, there were 164 mortgage originations in Centerburg, OH, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Centerburg, OH. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 164 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Centerburg, OH
Centerburg, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 55 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | 13.3% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Centerburg, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $383,000 |
| Median Household Income | $97,900 |