Ashtabula, OH—44004
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ashtabula, OH
As of Oct '25, the median home price in Ashtabula, OH is $149,000, with a year-over-year change of 4.2%. This indicates that home prices in Ashtabula, OH are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $149,000 | 4.2% |
| Single Family | $146,000 | 4.3% |
| Condos | $207,000 | 2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $94,000 | -1.1% |
2 Bed | $130,000 | 4.8% |
3 Bed | $158,000 | 4.6% |
4 Bed | $180,000 | 4.0% |
| 5 Bed | $241,000 | 6.6% |
% of Housing Stock
Rental Trends — Ashtabula, OH
As of July '25, Rentcast reports the average rent in Ashtabula, OH is $1,090, with a year-over-year rent change of 12.4%. Per bedroom, the median rent as of July '25 in Ashtabula, OH is 1-bedrooms: $775, 2-bedrooms: $925, 3-bedrooms: $1,720. The most common rental property sizes in Ashtabula, OH are 2-bedroom and 3-bedroom, accounting for 38.4% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $775 |
| 2 Bed Rent | $925 | $925 |
| 3 Bed Rent | $1,250 | $1,720 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ashtabula, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Ashtabula, OH is 45. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter 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 | $172,000 | -16.0% |
Listing Count | 126 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 45 | -10.0% |
Demographics — Ashtabula, OH
As of the latest ACS Survey released in 2023, Ashtabula, OH has a population of 31,100, which has decreased by -1.3% over the past 5 years. Ashtabula, OH is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,100 | -1.3% |
% Under 18 | 21.5% | -3.6% |
% Seniors | 20.9% | 11.2% |
% WFH | 4.7% | 67.9% |
% w/ College Degree | 15.5% | 9.9% |
As of the latest ACS Survey released in 2023, Ashtabula, OH is a predominantly white area, with 78.8% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Ashtabula, OH is hispanic, making up 9.1% of the population. Foreign-born residents account for 2.9% of the population in Ashtabula, OH, and this percentage has increased by 38.1% 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 | 78.8% | -4.1% |
% Black | 5.9% | -13.2% |
% Hispanic | 9.1% | 18.2% |
% Asian | 0.7% | 16.7% |
% Foreign Born | 2.9% | 38.1% |
Mortgage and Risk — Ashtabula, OH
According to HUD data as of 2023, there were 444 mortgage originations in Ashtabula, OH, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Ashtabula, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 444 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ashtabula, OH
Ashtabula, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,431 |
Total Units Section 8 | 849 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$55 | $775 | $720 |
| 2 Bedroom | -$45 | $925 | $880 |
| 3 Bedroom | -$170 | $1,250 | $1,080 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Ashtabula, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $149,000 |
| Median Household Income | $49,500 |