Ashville, OH—43103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ashville, OH
As of Oct '25, the median home price in Ashville, OH is $346,000, with a year-over-year change of 1.3%. This indicates that home prices in Ashville, OH are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $346,000 | 1.3% |
| Single Family | $347,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $225,000 | 1.4% |
3 Bed | $333,000 | 1.8% |
4 Bed | $383,000 | 1.1% |
| 5 Bed | $455,000 | 2.0% |
% of Housing Stock
Rental Trends — Ashville, OH
As of July '25, Rentcast reports the average rent in Ashville, OH is $1,960, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in Ashville, OH is 1-bedrooms: $1,180, 2-bedrooms: $1,300, 3-bedrooms: $2,120, 4-bedrooms: $2,690. The most common rental property sizes in Ashville, OH are 2-bedroom and 3-bedroom, accounting for 48.0% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,120 | $1,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,180 | $1,180 |
| 2 Bed Rent | $1,400 | $1,300 |
| 3 Bed Rent | $2,120 | $2,120 |
| 4 Bed Rent | $2,650 | $2,690 |
% of Rental Stock
Property Listings — Ashville, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Ashville, OH is 42. This is a decrease of -20.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $366,000 | 1.0% |
Listing Count | 65 | -5.0% |
| Listings as % of Homes | 1.0% | -5.0% |
Days on Market | 42 | -20.0% |
Demographics — Ashville, OH
As of the latest ACS Survey released in 2023, Ashville, OH has a population of 13,000, which has increased by 17.9% over the past 5 years. Ashville, OH is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,000 | 17.9% |
% Under 18 | 24.3% | -2.8% |
% Seniors | 11.4% | 0.9% |
% WFH | 14.5% | 1,015.4% |
% w/ College Degree | 21.8% | -1.8% |
As of the latest ACS Survey released in 2023, Ashville, OH is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Ashville, OH is hispanic, making up 1.9% of the population. Foreign-born residents account for 0.8% of the population in Ashville, OH, and this percentage has increased by 14.3% 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 | 93.8% | -1.6% |
% Black | 0.4% | -69.2% |
% Hispanic | 1.9% | -24.0% |
% Asian | 0.3% | ∞% |
% Foreign Born | 0.8% | 14.3% |
Mortgage and Risk — Ashville, OH
According to HUD data as of 2023, there were 360 mortgage originations in Ashville, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Ashville, OH. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 360 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Ashville, OH
As of 2024, the percent of homes in Ashville, OH under the Section 8 program is 8.0%. 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 Ashville, 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 | 147 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,180 | $960 |
| 2 Bedroom | -$220 | $1,400 | $1,180 |
| 3 Bedroom | -$700 | $2,120 | $1,420 |
| 4 Bedroom | -$1,070 | $2,650 | $1,580 |
Affordability — Ashville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $346,000 |
| Median Household Income | $84,300 |