Carey, OH—43316
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carey, OH
Carey, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | 4.2% |
| Single Family | $180,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | 3.8% |
3 Bed | $189,000 | 5.0% |
4 Bed | $224,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carey, OH
As of July '25, Rentcast reports the average rent in Carey, OH is $568, with a year-over-year rent change of 14.7%. Per bedroom, the median rent as of July '25 in Carey, OH is 1-bedrooms: $568. The most common rental property sizes in Carey, OH are 2-bedroom and 3-bedroom, accounting for 36.5% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $510 | $568 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $510 | $568 |
| 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 — Carey, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Carey, OH is 44. This is a decrease of -67.0% 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 | $195,000 | -37.0% |
Listing Count | 10 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 44 | -67.0% |
Demographics — Carey, OH
As of the latest ACS Survey released in 2023, Carey, OH has a population of 6,100, which has increased by 3.9% over the past 5 years. Carey, OH is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,100 | 3.9% |
% Under 18 | 22.2% | -6.7% |
% Seniors | 17.4% | 25.2% |
% WFH | 3.1% | 63.2% |
% w/ College Degree | 18.9% | 64.3% |
As of the latest ACS Survey released in 2023, Carey, OH is a predominantly white area, with 97.8% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Carey, OH is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.5% of the population in Carey, OH, and this percentage has decreased by 76.2% 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 | 97.8% | 4.0% |
% Black | 0.1% | ∞% |
% Hispanic | 0.6% | -62.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -76.2% |
Mortgage and Risk — Carey, OH
According to HUD data as of 2023, there were 79 mortgage originations in Carey, OH, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Carey, OH. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Carey, OH
Carey, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $510 | $780 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Carey, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $180,000 |
| Median Household Income | $76,800 |