Defiance, OH—43512
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Defiance, OH
As of Oct '25, the median home price in Defiance, OH is $178,000, with a year-over-year change of 4.8%. This indicates that home prices in Defiance, OH are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $178,000 | 4.8% |
| Single Family | $177,000 | 4.7% |
| Condos | $212,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $91,000 | -1.1% |
2 Bed | $130,000 | 5.7% |
3 Bed | $192,000 | 5.5% |
4 Bed | $239,000 | 5.8% |
| 5 Bed | $276,000 | 6.2% |
% of Housing Stock
Rental Trends — Defiance, OH
As of July '25, Rentcast reports the average rent in Defiance, OH is $960, with a year-over-year rent change of -17.2%. Per bedroom, the median rent as of July '25 in Defiance, OH is 1-bedrooms: $650, 2-bedrooms: $875, 3-bedrooms: $1,520. The most common rental property sizes in Defiance, OH are 2-bedroom and 3-bedroom, accounting for 42.3% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $650 |
| 2 Bed Rent | $875 | $875 |
| 3 Bed Rent | $1,250 | $1,520 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Defiance, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Defiance, OH is 43. This is a increase of 53.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $245,000 | 11.0% |
Listing Count | 82 | 33.0% |
| Listings as % of Homes | 0.4% | 33.0% |
Days on Market | 43 | 53.0% |
Demographics — Defiance, OH
As of the latest ACS Survey released in 2023, Defiance, OH has a population of 27,900, which has remained stable by -0.2% over the past 5 years. Defiance, OH is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,900 | -0.2% |
% Under 18 | 20.2% | -9.4% |
% Seniors | 22.0% | 26.4% |
% WFH | 4.8% | 152.6% |
% w/ College Degree | 20.6% | 21.2% |
As of the latest ACS Survey released in 2023, Defiance, OH is a predominantly white area, with 83.3% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Defiance, OH is hispanic, making up 12.2% of the population. Foreign-born residents account for 1.2% of the population in Defiance, OH, and this percentage has decreased by 52.0% 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 | 83.3% | -0.6% |
% Black | 2.2% | -4.3% |
% Hispanic | 12.2% | 0.8% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 1.2% | -52.0% |
Mortgage and Risk — Defiance, OH
According to HUD data as of 2023, there were 484 mortgage originations in Defiance, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Defiance, OH. Investor activity is low, as 0.0% 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 | 484 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Defiance, OH
Defiance, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 307 |
Total Units Section 8 | 301 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 86.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $650 | $720 |
| 2 Bedroom | $45 | $875 | $920 |
| 3 Bedroom | -$50 | $1,250 | $1,200 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Defiance, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $178,000 |
| Median Household Income | $72,100 |