Marengo, OH—43334
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marengo, OH
As of Oct '25, the median home price in Marengo, OH is $331,000, with a year-over-year change of 3.5%. This indicates that home prices in Marengo, OH are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $331,000 | 3.5% |
| Single Family | $331,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $279,000 | 5.3% |
3 Bed | $349,000 | 5.1% |
4 Bed | $450,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Marengo, OH
Marengo, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 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 — Marengo, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Marengo, OH is 48. This is a increase of 35.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $429,000 | 2.0% |
Listing Count | 13 | 10.0% |
| Listings as % of Homes | 0.4% | 10.0% |
Days on Market | 48 | 35.0% |
Demographics — Marengo, OH
As of the latest ACS Survey released in 2023, Marengo, OH has a population of 6,340, which has remained stable by 0.3% over the past 5 years. Marengo, OH is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,340 | 0.3% |
% Under 18 | 23.5% | -1.7% |
% Seniors | 19.5% | 18.2% |
% WFH | 10.8% | 134.8% |
% w/ College Degree | 18.3% | 61.9% |
As of the latest ACS Survey released in 2023, Marengo, OH is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Marengo, OH is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.7% of the population in Marengo, OH, and this percentage has increased by 16.7% 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 | 94.6% | -1.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.2% | 166.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | 16.7% |
Mortgage and Risk — Marengo, OH
According to HUD data as of 2023, there were 139 mortgage originations in Marengo, OH, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Marengo, OH. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Marengo, OH
Marengo, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Marengo, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $331,000 |
| Median Household Income | $84,500 |