Cardington, OH—43315
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Cardington, OH
Home Price Trends — Cardington, OH
As of Oct '25, the median home price in Cardington, OH is $269,000, with a year-over-year change of 0.0%. This indicates that home prices in Cardington, 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 | $269,000 | 0.0% |
| Single Family | $270,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | 1.9% |
3 Bed | $289,000 | 3.6% |
4 Bed | $353,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cardington, OH
As of July '25, Rentcast reports the average rent in Cardington, OH is $870, with a year-over-year rent change of -10.8%. Per bedroom, the median rent as of July '25 in Cardington, OH is 2-bedrooms: $870. The most common rental property sizes in Cardington, OH are 3-bedroom and 2-bedroom, accounting for 49.7% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $870 | $870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $870 | $870 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cardington, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Cardington, OH is 62. This is a increase of 66.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $331,000 | -3.0% |
Listing Count | 22 | 64.0% |
| Listings as % of Homes | 0.4% | 64.0% |
Days on Market | 62 | 66.0% |
Demographics — Cardington, OH
As of the latest ACS Survey released in 2023, Cardington, OH has a population of 7,000, which has decreased by -3.8% over the past 5 years. Cardington, OH is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 12.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,000 | -3.8% |
% Under 18 | 20.4% | -11.7% |
% Seniors | 15.7% | 31.9% |
% WFH | 9.0% | 125.0% |
% w/ College Degree | 12.5% | -17.8% |
As of the latest ACS Survey released in 2023, Cardington, OH is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Cardington, OH is black, making up 1.5% of the population. Foreign-born residents account for 0.1% of the population in Cardington, OH, and this percentage has decreased by 90.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.5% | -5.2% |
% Black | 1.5% | ∞% |
% Hispanic | 0.1% | -50.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -90.9% |
Mortgage and Risk — Cardington, OH
According to HUD data as of 2023, there were 143 mortgage originations in Cardington, OH, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Cardington, OH. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 143 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Cardington, OH
Cardington, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 72 |
Total Units Section 8 | 65 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 80.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | $310 | $870 | $1,180 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Cardington, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $269,000 |
| Median Household Income | $69,600 |