Macedonia, OH44056

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$333,000
4.5% YoY Growth
Median Household Income
$108,000
17.2% 5-Year Growth
Days on Market
28
8.0% Longer than last year
Home Price Forecast
1.2%
Median Rent
$2,190
9.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,490
55.6% YoY Growth
3-Bed Rent
$2,190
6.0% YoY Growth

Property Listings — Macedonia, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Macedonia, OH is 28. This is a increase of 8.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$320,000-2.0%
Listing Count
30-4.0%
Listings as % of Homes0.5%-4.0%
Days on Market
288.0%
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Demographics — Macedonia, OH

As of the latest ACS Survey released in 2023, Macedonia, OH has a population of 12,100, which has increased by 2.8% over the past 5 years. Macedonia, OH is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 40.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,1002.8%
% Under 18
19.8%-4.3%
% Seniors
22.5%20.3%
% WFH
12.9%148.1%
% w/ College Degree
40.8%-13.6%
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As of the latest ACS Survey released in 2023, Macedonia, OH is a predominantly white area, with 77.1% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Macedonia, OH is black, making up 11.6% of the population. Foreign-born residents account for 5.9% of the population in Macedonia, OH, and this percentage has increased by 47.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
77.1%-7.2%
% Black
11.6%34.9%
% Hispanic
1.6%-23.8%
% Asian
6.6%78.4%
% Foreign Born
5.9%47.5%
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Mortgage and Risk — Macedonia, OH

According to HUD data as of 2023, there were 361 mortgage originations in Macedonia, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Macedonia, OH. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
361
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Macedonia, OH

Macedonia, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,320
2 Bedroom-$790$2,490$1,700
3 Bedroom-$90$2,190$2,100
4 BedroomN/AN/A$2,260

Affordability — Macedonia, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$333,000
Median Household Income$108,000

Macedonia, OH — ZIP Code Boundary Map

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Frequently Asked Questions