Burton, OH—44021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Burton, OH
As of Oct '25, the median home price in Burton, OH is $283,000, with a year-over-year change of 4.1%. This indicates that home prices in Burton, OH are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 4.1% |
| Single Family | $283,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | 4.9% |
3 Bed | $272,000 | 4.6% |
4 Bed | $344,000 | 4.9% |
| 5 Bed | $376,000 | 4.4% |
% of Housing Stock
Rental Trends — Burton, OH
Burton, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $975 | $975 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Burton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Burton, OH is 42. This is a decrease of -12.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $322,000 | 7.0% |
Listing Count | 12 | 28.0% |
| Listings as % of Homes | 0.1% | 28.0% |
Days on Market | 42 | -12.0% |
Demographics — Burton, OH
As of the latest ACS Survey released in 2023, Burton, OH has a population of 5,740, which has decreased by -8.1% over the past 5 years. Burton, OH is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,740 | -8.1% |
% Under 18 | 19.6% | -10.1% |
% Seniors | 18.3% | 7.0% |
% WFH | 7.5% | 29.3% |
% w/ College Degree | 22.9% | 6.0% |
As of the latest ACS Survey released in 2023, Burton, OH is a predominantly white area, with 97.9% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Burton, OH is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.4% of the population in Burton, OH, and this percentage has increased by 300.0% 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 | 97.9% | 2.2% |
% Black | 0.6% | -45.5% |
% Hispanic | 1.0% | -37.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | 300.0% |
Mortgage and Risk — Burton, OH
According to HUD data as of 2023, there were 139 mortgage originations in Burton, OH, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Burton, OH. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Burton, OH
Burton, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,100 | $960 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | $515 | $975 | $1,490 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Burton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $283,000 |
| Median Household Income | $79,400 |