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Sylvania, OH—43560

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$326,000
2.7% YoY Growth
Household Income
$105,000
23.2% YoY Growth
Days on Market
36
2.0% Longer YoY
Home Price Forecast
0.5%
Median Rent
$2,000
13.7% YoY Growth
1-Bed Rent
$750
13.4% YoY Growth
2-Bed Rent
$1,500
4.7% YoY Growth
3-Bed Rent
$2,000
0.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sylvania, OH

As of May '26, the median home price in Sylvania, OH is $326,000, with a year-over-year change of 2.7%. This indicates that home prices in Sylvania, OH are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$326,0002.7%
Single Family $338,0002.7%
Condos $222,0002.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$199,0005.9%
    3 Bed
    		$284,0003.3%
    4 Bed
    		$396,0002.9%
    5 Bed $502,3002.9%
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    5.8%
    2 Bedrooms
    21.1%
    3 Bedrooms
    32.1%
    4 Bedrooms
    32.9%
    5+ Bedrooms
    7.7%

    Rental Trends — Sylvania, OH

    As of July '25, Rentcast reports the average rent in Sylvania, OH is $1,830, with a year-over-year rent change of 13.7%. Per bedroom, the median rent as of July '25 in Sylvania, OH is 1-bedrooms: $750, 2-bedrooms: $1,550, 3-bedrooms: $1,920, 4-bedrooms: $2,400. The most common rental property sizes in Sylvania, OH are 2-bedroom and 1-bedroom, accounting for 47.9% and 27.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,000$1,830
    Studio Rent N/AN/A
    1 Bed Rent $750$750
    2 Bed Rent $1,500$1,550
    3 Bed Rent $2,000$1,920
    4 Bed Rent $2,360$2,400
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    % of Rental Stock

    Studio
    0.7%
    1 Bedroom
    27.5%
    2 Bedrooms
    47.9%
    3 Bedrooms
    15.6%
    4 Bedrooms
    5.9%
    5+ Bedrooms
    2.4%

    Property Listings — Sylvania, OH

    As of May '26, Realtor.com reports that the median days on market for a home in Sylvania, OH is 36. This is a increase of 2.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$435,0004.0%
    Listing Count
    		14517.0%
    Listings as % of Homes0.5%17.0%
    Days on Market
    		362.0%
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    Demographics — Sylvania, OH

    As of the latest ACS Survey released in 2023, Sylvania, OH has a population of 33,000, which has increased by 2.1% over the past 5 years. Sylvania, OH is a popular place for families, as children make up 25.3% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		33,0002.1%
    % Under 18
    		25.3%6.3%
    % Seniors
    		19.5%4.3%
    % WFH
    		15.6%218.4%
    % w/ College Degree
    		53.3%10.1%
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    As of the latest ACS Survey released in 2023, Sylvania, OH is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Sylvania, OH is asian, making up 4.3% of the population. Foreign-born residents account for 6.1% of the population in Sylvania, OH, and this percentage has increased by 13.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		86.2%-1.7%
    % Black
    		3.1%10.7%
    % Hispanic
    		3.4%-8.1%
    % Asian
    		4.3%26.5%
    % Foreign Born
    		6.1%13.0%
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    Mortgage and Risk — Sylvania, OH

    According to HUD data as of 2023, there were 723 mortgage originations in Sylvania, OH, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Sylvania, OH. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		723
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Sylvania, OH

    As of 2024, the percent of homes in Sylvania, OH under the Section 8 program is 1.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Sylvania, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		101
    Total Units Section 8
    		36
    % Rentals under Section 8
    		1.5%
    % Occupied Section 8
    		84.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$160$750$910
    2 Bedroom-$300$1,500$1,200
    3 Bedroom-$440$2,000$1,560
    4 Bedroom-$720$2,360$1,640

    Affordability — Sylvania, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.7
    Median Home Price$326,000
    Median Household Income$105,000

    Sylvania, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Sylvania, Toledo, OH

    43617

    Ottawa Lake, MI

    49267

    Holland, OH

    43528

    Reynolds Corners, Toledo, OH

    43615

    Franklin Park, Toledo, OH

    43623

    Frequently Asked Questions