Bellefontaine, OH—43311
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bellefontaine, OH
As of Oct '25, the median home price in Bellefontaine, OH is $238,000, with a year-over-year change of 5.3%. This indicates that home prices in Bellefontaine, OH are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $238,000 | 5.3% |
| Single Family | $240,000 | 4.8% |
| Condos | $220,000 | 7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | 4.6% |
3 Bed | $250,000 | 5.9% |
4 Bed | $305,000 | 4.5% |
| 5 Bed | $375,000 | 4.2% |
% of Housing Stock
Rental Trends — Bellefontaine, OH
As of July '25, Rentcast reports the average rent in Bellefontaine, OH is $1,460, with a year-over-year rent change of -19.3%. Per bedroom, the median rent as of July '25 in Bellefontaine, OH is 1-bedrooms: $750, 2-bedrooms: $1,070, 3-bedrooms: $3,160. The most common rental property sizes in Bellefontaine, OH are 2-bedroom and 3-bedroom, accounting for 41.3% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $679 | $750 |
| 2 Bed Rent | $1,050 | $1,070 |
| 3 Bed Rent | $2,200 | $3,160 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bellefontaine, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Bellefontaine, OH is 37. This is a decrease of -15.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | 15.0% |
Listing Count | 71 | -2.0% |
| Listings as % of Homes | 0.4% | -2.0% |
Days on Market | 37 | -15.0% |
Demographics — Bellefontaine, OH
As of the latest ACS Survey released in 2023, Bellefontaine, OH has a population of 20,100, which has increased by 6.0% over the past 5 years. Bellefontaine, OH is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,100 | 6.0% |
% Under 18 | 23.0% | -7.6% |
% Seniors | 18.0% | 26.8% |
% WFH | 4.3% | 48.3% |
% w/ College Degree | 16.9% | -2.9% |
As of the latest ACS Survey released in 2023, Bellefontaine, OH is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Bellefontaine, OH is black, making up 3.2% of the population. Foreign-born residents account for 1.7% of the population in Bellefontaine, OH, and this percentage has increased by 13.3% 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 | 89.6% | -1.8% |
% Black | 3.2% | -8.6% |
% Hispanic | 2.5% | 19.0% |
% Asian | 0.5% | -16.7% |
% Foreign Born | 1.7% | 13.3% |
Mortgage and Risk — Bellefontaine, OH
According to HUD data as of 2023, there were 256 mortgage originations in Bellefontaine, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Bellefontaine, OH. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 256 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Bellefontaine, OH
Bellefontaine, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 526 |
Total Units Section 8 | 373 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $31 | $679 | $710 |
| 2 Bedroom | -$120 | $1,050 | $930 |
| 3 Bedroom | -$1,040 | $2,200 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Bellefontaine, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $238,000 |
| Median Household Income | $64,200 |