Howard, OH—43028
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Howard, OH
As of Oct '25, the median home price in Howard, OH is $314,000, with a year-over-year change of 3.8%. This indicates that home prices in Howard, OH are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $314,000 | 3.8% |
| Single Family | $315,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $248,000 | 5.1% |
3 Bed | $307,000 | 4.8% |
4 Bed | $401,000 | 2.0% |
| 5 Bed | $535,000 | -0.6% |
% of Housing Stock
Rental Trends — Howard, OH
As of July '25, Rentcast reports the average rent in Howard, OH is $4,520, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Howard, OH is 3-bedrooms: $2,650. The most common rental property sizes in Howard, OH are 3-bedroom and 2-bedroom, accounting for 80.3% and 15.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $4,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Howard, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Howard, OH is 70. This is a increase of 32.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | 2.0% |
Listing Count | 71 | 28.0% |
| Listings as % of Homes | 0.5% | 28.0% |
Days on Market | 70 | 32.0% |
Demographics — Howard, OH
As of the latest ACS Survey released in 2023, Howard, OH has a population of 8,060, which has decreased by -3.3% over the past 5 years. Howard, OH is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,060 | -3.3% |
% Under 18 | 26.2% | 7.8% |
% Seniors | 18.7% | -11.4% |
% WFH | 12.7% | 60.8% |
% w/ College Degree | 28.3% | 36.7% |
As of the latest ACS Survey released in 2023, Howard, OH is a predominantly white area, with 92.5% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Howard, OH is asian, making up 2.0% of the population. Foreign-born residents account for 1.6% of the population in Howard, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.5% | -4.1% |
% Black | 1.4% | 55.6% |
% Hispanic | 1.7% | 88.9% |
% Asian | 2.0% | 566.7% |
% Foreign Born | 1.6% | 0.0% |
Mortgage and Risk — Howard, OH
According to HUD data as of 2023, there were 200 mortgage originations in Howard, OH, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Howard, OH. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 200 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Howard, OH
Howard, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,350 |
| 3 Bedroom | -$240 | $2,000 | $1,760 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Howard, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $314,000 |
| Median Household Income | $89,500 |