Northwood, OH—43619
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northwood, OH
As of Oct '25, the median home price in Northwood, OH is $176,000, with a year-over-year change of -3.2%. This indicates that home prices in Northwood, OH are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $176,000 | -3.2% |
| Single Family | $177,000 | -3.8% |
| Condos | $100,000 | 6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $129,000 | 3.2% |
3 Bed | $213,000 | 4.4% |
4 Bed | $275,000 | 5.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Northwood, OH
As of July '25, Rentcast reports the average rent in Northwood, OH is $842, with a year-over-year rent change of -29.8%. Per bedroom, the median rent as of July '25 in Northwood, OH is 1-bedrooms: $842. The most common rental property sizes in Northwood, OH are 2-bedroom and 1-bedroom, accounting for 43.6% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $798 | $842 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $798 | $842 |
| 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 — Northwood, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Northwood, OH is 51. This is a increase of 5.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $280,000 | -9.0% |
Listing Count | 32 | -43.0% |
| Listings as % of Homes | 0.6% | -43.0% |
Days on Market | 51 | 5.0% |
Demographics — Northwood, OH
As of the latest ACS Survey released in 2023, Northwood, OH has a population of 7,150, which has decreased by -2.0% over the past 5 years. Northwood, OH is a moderately popular place for families, as children make up 22.0% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,150 | -2.0% |
% Under 18 | 22.0% | 2.3% |
% Seniors | 17.8% | 29.0% |
% WFH | 4.3% | 616.7% |
% w/ College Degree | 30.0% | 46.3% |
As of the latest ACS Survey released in 2023, Northwood, OH is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Northwood, OH is hispanic, making up 7.0% of the population. Foreign-born residents account for 1.9% of the population in Northwood, OH, and this percentage has increased by 850.0% 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 | 85.7% | -3.7% |
% Black | 0.3% | 200.0% |
% Hispanic | 7.0% | -27.1% |
% Asian | 1.5% | 275.0% |
% Foreign Born | 1.9% | 850.0% |
Mortgage and Risk — Northwood, OH
According to HUD data as of 2023, there were 225 mortgage originations in Northwood, OH, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Northwood, OH. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 225 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Northwood, OH
Northwood, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 50 |
Total Units Section 8 | 40 |
% Rentals under Section 8 | 6.1% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$28 | $798 | $770 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Northwood, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $176,000 |
| Median Household Income | $75,900 |