Martins Ferry, OH—43935
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Martins Ferry, OH
As of Oct '25, the median home price in Martins Ferry, OH is $89,000, with a year-over-year change of 2.8%. This indicates that home prices in Martins Ferry, OH are increasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $89,000 | 2.8% |
| Single Family | $89,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $73,000 | 1.4% |
3 Bed | $117,000 | 6.4% |
4 Bed | $130,000 | 4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Martins Ferry, OH
As of July '25, Rentcast reports the average rent in Martins Ferry, OH is $895, with a year-over-year rent change of 7.3%. Per bedroom, the median rent as of July '25 in Martins Ferry, OH is 1-bedrooms: $675, 2-bedrooms: $746, 3-bedrooms: $950, 4-bedrooms: $1,250. The most common rental property sizes in Martins Ferry, OH are 1-bedroom and 3-bedroom, accounting for 33.3% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $895 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $675 |
| 2 Bed Rent | $742 | $746 |
| 3 Bed Rent | $850 | $950 |
| 4 Bed Rent | $1,250 | $1,250 |
% of Rental Stock
Property Listings — Martins Ferry, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Martins Ferry, OH is 71. This is a increase of 59.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $127,000 | 1.0% |
Listing Count | 36 | 42.0% |
| Listings as % of Homes | 0.6% | 42.0% |
Days on Market | 71 | 59.0% |
Demographics — Martins Ferry, OH
As of the latest ACS Survey released in 2023, Martins Ferry, OH has a population of 7,920, which has decreased by -10.7% over the past 5 years. Martins Ferry, OH is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,920 | -10.7% |
% Under 18 | 21.0% | 14.8% |
% Seniors | 17.9% | -10.5% |
% WFH | 5.5% | 120.0% |
% w/ College Degree | 13.3% | -2.2% |
As of the latest ACS Survey released in 2023, Martins Ferry, OH is a predominantly white area, with 84.5% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Martins Ferry, OH is black, making up 4.7% of the population. Foreign-born residents account for 2.2% of the population in Martins Ferry, OH, and this percentage has increased by 57.1% 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 | 84.5% | -6.2% |
% Black | 4.7% | -30.9% |
% Hispanic | 0.4% | -63.6% |
% Asian | 2.6% | ∞% |
% Foreign Born | 2.2% | 57.1% |
Mortgage and Risk — Martins Ferry, OH
According to HUD data as of 2023, there were 108 mortgage originations in Martins Ferry, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Martins Ferry, OH. Investor activity is high, as 19.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 108 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 19.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Martins Ferry, OH
As of 2024, the percent of homes in Martins Ferry, OH under the Section 8 program is 11.5%. 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. In Martins Ferry, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 528 |
Total Units Section 8 | 144 |
% Rentals under Section 8 | 11.5% |
% Occupied Section 8 | 92.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $75 | $675 | $750 |
| 2 Bedroom | $168 | $742 | $910 |
| 3 Bedroom | $320 | $850 | $1,170 |
| 4 Bedroom | $70 | $1,250 | $1,320 |
Affordability — Martins Ferry, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $89,000 |
| Median Household Income | $50,100 |