Heath, OH—43056
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Heath, OH
As of Oct '25, the median home price in Heath, OH is $297,000, with a year-over-year change of 0.9%. This indicates that home prices in Heath, OH are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 0.9% |
| Single Family | $300,000 | 1.0% |
| Condos | $269,000 | 2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $248,000 | 1.2% |
3 Bed | $286,000 | 1.4% |
4 Bed | $384,000 | 0.5% |
| 5 Bed | $502,000 | -0.2% |
% of Housing Stock
Rental Trends — Heath, OH
As of July '25, Rentcast reports the average rent in Heath, OH is $1,040, with a year-over-year rent change of -7.1%. Per bedroom, the median rent as of July '25 in Heath, OH is 1-bedrooms: $800, 2-bedrooms: $1,140, 3-bedrooms: $1,470. The most common rental property sizes in Heath, OH are 3-bedroom and 2-bedroom, accounting for 36.5% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $800 |
| 2 Bed Rent | $1,120 | $1,140 |
| 3 Bed Rent | $1,400 | $1,470 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Heath, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Heath, OH is 45. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter 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 | $389,000 | -13.0% |
Listing Count | 62 | 37.0% |
| Listings as % of Homes | 0.3% | 37.0% |
Days on Market | 45 | -11.0% |
Demographics — Heath, OH
As of the latest ACS Survey released in 2023, Heath, OH has a population of 17,500, which has decreased by -8.2% over the past 5 years. Heath, OH is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,500 | -8.2% |
% Under 18 | 23.2% | 5.0% |
% Seniors | 18.6% | 2.2% |
% WFH | 13.2% | 371.4% |
% w/ College Degree | 25.9% | 40.0% |
As of the latest ACS Survey released in 2023, Heath, OH is a predominantly white area, with 92.4% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Heath, OH is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.4% of the population in Heath, OH, and this percentage has increased by 71.4% 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 | 92.4% | 1.0% |
% Black | 1.1% | -54.2% |
% Hispanic | 2.3% | 43.8% |
% Asian | 1.3% | 8.3% |
% Foreign Born | 2.4% | 71.4% |
Mortgage and Risk — Heath, OH
According to HUD data as of 2023, there were 400 mortgage originations in Heath, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Heath, OH. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 400 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Heath, OH
Heath, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 203 |
Total Units Section 8 | 197 |
% Rentals under Section 8 | 13.8% |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $750 | $1,080 |
| 2 Bedroom | $190 | $1,120 | $1,310 |
| 3 Bedroom | $180 | $1,400 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Heath, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $297,000 |
| Median Household Income | $76,800 |