Wellsville, OH—43968
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wellsville, OH
As of Oct '25, the median home price in Wellsville, OH is $104,000, with a year-over-year change of -6.3%. This indicates that home prices in Wellsville, OH are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $104,000 | -6.3% |
| Single Family | $104,000 | -5.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $80,000 | -7.0% |
3 Bed | $129,000 | -3.0% |
4 Bed | $129,000 | -3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wellsville, OH
Wellsville, 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 — Wellsville, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Wellsville, OH is 65. This is a increase of 10.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $92,200 | -32.0% |
Listing Count | 28 | 91.0% |
| Listings as % of Homes | 0.4% | 91.0% |
Days on Market | 65 | 10.0% |
Demographics — Wellsville, OH
As of the latest ACS Survey released in 2023, Wellsville, OH has a population of 6,440, which has increased by 3.8% over the past 5 years. Wellsville, OH is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,440 | 3.8% |
% Under 18 | 19.1% | -17.7% |
% Seniors | 20.5% | -9.3% |
% WFH | 4.4% | 193.3% |
% w/ College Degree | 11.8% | 21.6% |
Wellsville, OH lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.0% | -5.9% |
% Black | 5.7% | 96.6% |
% Hispanic | 1.0% | 66.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Wellsville, OH
According to HUD data as of 2023, there were 30 mortgage originations in Wellsville, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Wellsville, OH. Investor activity is low, as 3.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Wellsville, OH
Wellsville, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 151 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,180 |
Affordability — Wellsville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $104,000 |
| Median Household Income | $62,200 |