Plain City, OH—43064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Plain City, OH
As of Oct '25, the median home price in Plain City, OH is $539,000, with a year-over-year change of 1.0%. This indicates that home prices in Plain City, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $539,000 | 1.0% |
| Single Family | $548,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $346,000 | 1.5% |
3 Bed | $459,000 | 0.0% |
4 Bed | $632,000 | 1.6% |
| 5 Bed | $770,000 | 0.3% |
% of Housing Stock
Rental Trends — Plain City, OH
As of July '25, Rentcast reports the average rent in Plain City, OH is $3,300, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Plain City, OH is 1-bedrooms: $1,540, 2-bedrooms: $2,120, 3-bedrooms: $2,710, 4-bedrooms: $3,800. The most common rental property sizes in Plain City, OH are 2-bedroom and 3-bedroom, accounting for 55.3% and 22.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,520 | $1,540 |
| 2 Bed Rent | $2,000 | $2,120 |
| 3 Bed Rent | $2,600 | $2,710 |
| 4 Bed Rent | $3,600 | $3,800 |
% of Rental Stock
Property Listings — Plain City, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Plain City, OH is 48. This is a decrease of -14.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | 0.0% |
Listing Count | 146 | 7.0% |
| Listings as % of Homes | 1.1% | 7.0% |
Days on Market | 48 | -14.0% |
Demographics — Plain City, OH
As of the latest ACS Survey released in 2023, Plain City, OH has a population of 17,800, which has increased by 25.2% over the past 5 years. Plain City, OH is a popular place for families, as children make up 30.3% of the population. The area has a highly educated workforce, with 55.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | 25.2% |
% Under 18 | 30.3% | 0.0% |
% Seniors | 12.3% | -2.4% |
% WFH | 25.9% | 240.8% |
% w/ College Degree | 55.2% | 36.3% |
As of the latest ACS Survey released in 2023, Plain City, OH is a predominantly white area, with 82.2% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Plain City, OH is asian, making up 9.6% of the population. Foreign-born residents account for 8.4% of the population in Plain City, OH, and this percentage has increased by 147.1% 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 | 82.2% | -9.8% |
% Black | 2.4% | 9.1% |
% Hispanic | 3.8% | 100.0% |
% Asian | 9.6% | 182.4% |
% Foreign Born | 8.4% | 147.1% |
Mortgage and Risk — Plain City, OH
According to HUD data as of 2023, there were 934 mortgage originations in Plain City, OH, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Plain City, OH. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 934 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Plain City, OH
As of 2024, the percent of homes in Plain City, OH under the Section 8 program is 4.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Plain City, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$320 | $1,520 | $1,200 |
| 2 Bedroom | -$500 | $2,000 | $1,500 |
| 3 Bedroom | -$790 | $2,600 | $1,810 |
| 4 Bedroom | -$1,600 | $3,600 | $2,000 |
Affordability — Plain City, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $539,000 |
| Median Household Income | $129,000 |