Powell, OH—43065
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Powell, OH
As of Oct '25, the median home price in Powell, OH is $546,000, with a year-over-year change of 1.6%. This indicates that home prices in Powell, OH are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $546,000 | 1.6% |
| Single Family | $574,000 | 1.2% |
| Condos | $382,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $340,000 | 1.8% |
3 Bed | $454,000 | 1.3% |
4 Bed | $611,000 | 1.3% |
| 5 Bed | $884,000 | 1.6% |
% of Housing Stock
Rental Trends — Powell, OH
As of July '25, Rentcast reports the average rent in Powell, OH is $2,590, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Powell, OH is 1-bedrooms: $1,320, 2-bedrooms: $1,810, 3-bedrooms: $2,830, 4-bedrooms: $3,540. The most common rental property sizes in Powell, OH are 2-bedroom and 3-bedroom, accounting for 35.1% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,320 |
| 2 Bed Rent | $1,680 | $1,810 |
| 3 Bed Rent | $2,800 | $2,830 |
| 4 Bed Rent | $3,450 | $3,540 |
% of Rental Stock
Property Listings — Powell, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Powell, OH is 49. This is a increase of 21.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $587,000 | -13.0% |
Listing Count | 195 | 39.0% |
| Listings as % of Homes | 0.5% | 39.0% |
Days on Market | 49 | 21.0% |
Demographics — Powell, OH
As of the latest ACS Survey released in 2023, Powell, OH has a population of 45,300, which has increased by 5.8% over the past 5 years. Powell, OH is a popular place for families, as children make up 26.5% of the population. The area has a highly educated workforce, with 68.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,300 | 5.8% |
% Under 18 | 26.5% | -9.2% |
% Seniors | 17.0% | 47.8% |
% WFH | 25.3% | 158.2% |
% w/ College Degree | 68.2% | 0.9% |
As of the latest ACS Survey released in 2023, Powell, OH is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Powell, OH is asian, making up 10.8% of the population. Foreign-born residents account for 10.4% of the population in Powell, OH, and this percentage has increased by 30.0% 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 | 80.3% | -5.1% |
% Black | 1.6% | -40.7% |
% Hispanic | 2.6% | 30.0% |
% Asian | 10.8% | 27.1% |
% Foreign Born | 10.4% | 30.0% |
Mortgage and Risk — Powell, OH
According to HUD data as of 2023, there were 232 mortgage originations in Powell, OH, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Powell, OH. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 232 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Powell, OH
As of 2024, the percent of homes in Powell, OH under the Section 8 program is 0.3%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Powell, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,350 | $1,400 |
| 2 Bedroom | $20 | $1,680 | $1,700 |
| 3 Bedroom | -$750 | $2,800 | $2,050 |
| 4 Bedroom | -$1,170 | $3,450 | $2,280 |
Affordability — Powell, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $546,000 |
| Median Household Income | $155,000 |