Mount Sterling, OH—43143
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Sterling, OH
As of Oct '25, the median home price in Mount Sterling, OH is $284,000, with a year-over-year change of 0.7%. This indicates that home prices in Mount Sterling, OH are flat. 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 | $284,000 | 0.7% |
| Single Family | $284,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $194,000 | 0.0% |
3 Bed | $290,000 | 1.8% |
4 Bed | $353,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Sterling, OH
As of July '25, Rentcast reports the average rent in Mount Sterling, OH is $809, with a year-over-year rent change of 8.2%. Per bedroom, the median rent as of July '25 in Mount Sterling, OH is 1-bedrooms: $809. The most common rental property sizes in Mount Sterling, OH are 2-bedroom and 3-bedroom, accounting for 57.2% and 19.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $809 | $809 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $809 | $809 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Sterling, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Sterling, OH is 44. This is a decrease of -16.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -2.0% |
Listing Count | 17 | -17.0% |
| Listings as % of Homes | 0.5% | -17.0% |
Days on Market | 44 | -16.0% |
Demographics — Mount Sterling, OH
As of the latest ACS Survey released in 2023, Mount Sterling, OH has a population of 5,610, which has decreased by -2.7% over the past 5 years. Mount Sterling, OH is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,610 | -2.7% |
% Under 18 | 22.1% | -2.2% |
% Seniors | 18.4% | 26.0% |
% WFH | 11.1% | 65.7% |
% w/ College Degree | 17.4% | 35.9% |
As of the latest ACS Survey released in 2023, Mount Sterling, OH is a predominantly white area, with 96.1% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Mount Sterling, OH is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.1% of the population in Mount Sterling, OH, and this percentage has increased by 10.0% 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 | 96.1% | -0.3% |
% Black | 0.3% | -57.1% |
% Hispanic | 1.2% | -47.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.1% | 10.0% |
Mortgage and Risk — Mount Sterling, OH
According to HUD data as of 2023, there were 96 mortgage originations in Mount Sterling, OH, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Mount Sterling, 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 | 96 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Mount Sterling, OH
Mount Sterling, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $191 | $809 | $1,000 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | N/A | N/A | $1,470 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Mount Sterling, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $284,000 |
| Median Household Income | $87,400 |