Oberlin, OH 44074 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Oberlin, OH—44074

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$263,000

4.3% YoY Growth

Household Income

$73,700

26.1% YoY Growth

Days on Market

23.0% Shorter YoY

Home Price Forecast

3.0%

Median Rent

$675

50.4% YoY Growth

1-Bed Rent

$575

N/A

2-Bed Rent

$1,650

N/A

3-Bed Rent

$2,200

120.0% YoY Growth

Home Price Trends — Oberlin, OH

As of Dec '25, the median home price in Oberlin, OH is $263,000, with a year-over-year change of 4.3%. This indicates that home prices in Oberlin, OH are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$263,000	4.3%
Single Family	$265,000	4.7%
Condos	$237,000	3.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Oberlin, OH

As of July '25, Rentcast reports the average rent in Oberlin, OH is $1,140, with a year-over-year rent change of -50.4%. Per bedroom, the median rent as of July '25 in Oberlin, OH is 1-bedrooms: $608, 2-bedrooms: $1,650, 3-bedrooms: $2,200. The most common rental property sizes in Oberlin, OH are 1-bedroom and 2-bedroom, accounting for 32.8% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$675	$1,140
Studio Rent	N/A	N/A
1 Bed Rent	$575	$608
2 Bed Rent	$1,650	$1,650
3 Bed Rent	$2,200	$2,200
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.0%

1 Bedroom

32.8%

2 Bedrooms

31.1%

3 Bedrooms

24.4%

4 Bedrooms

8.7%

Property Listings — Oberlin, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Oberlin, OH is 57. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$344,000	-7.0%
Listing Count	25	57.0%
Listings as % of Homes	0.4%	57.0%
Days on Market	69	-23.0%

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Demographics — Oberlin, OH

As of the latest ACS Survey released in 2023, Oberlin, OH has a population of 11,700, which has increased by 2.7% over the past 5 years. Oberlin, OH is a less popular place for families, as children make up 12.8% of the population. The area has a moderately educated workforce, with 42.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,700	2.7%
% Under 18	12.8%	-6.6%
% Seniors	22.8%	30.3%
% WFH	8.5%	60.4%
% w/ College Degree	42.5%	11.3%

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As of the latest ACS Survey released in 2023, Oberlin, OH is a predominantly white area, with 74.8% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Oberlin, OH is black, making up 9.1% of the population. Foreign-born residents account for 4.2% of the population in Oberlin, OH, and this percentage has decreased by 35.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	74.8%	4.0%
% Black	9.1%	-28.9%
% Hispanic	5.9%	22.9%
% Asian	2.8%	-40.4%
% Foreign Born	4.2%	-35.4%

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Mortgage and Risk — Oberlin, OH

According to HUD data as of 2023, there were 108 mortgage originations in Oberlin, OH, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Oberlin, OH. Investor activity is low, as 4.0% 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	81.0%
% Government Loans	19.0%
% Investor Loans	4.0%
% Second Loans	2.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Oberlin, OH

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

Section 8 Market Size

Total Units under HUD	180
Total Units Section 8	77
% Rentals under Section 8	7.2%
% Occupied Section 8	93.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$375	$575	$950
2 Bedroom	-$500	$1,650	$1,150
3 Bedroom	-$720	$2,200	$1,480
4 Bedroom	N/A	N/A	$1,590

Oberlin, OH—44074

Key Metrics at a Glance

Home Price Trends — Oberlin, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oberlin, OH

% of Rental Stock

Property Listings — Oberlin, OH

Demographics — Oberlin, OH

Race and Ethnicity

Mortgage and Risk — Oberlin, OH

Mortgages

Rentals and Section 8 — Oberlin, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Oberlin, OH

Home Price to Income Ratio

Oberlin, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Kipton

Amherst, OH

Lagrange, OH

Wellington, OH

Elyria, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$263,000
Median Household Income	$73,700

Oberlin, OH—44074

Key Metrics at a Glance

Home Price Trends — Oberlin, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oberlin, OH

% of Rental Stock

Property Listings — Oberlin, OH

Demographics — Oberlin, OH

Race and Ethnicity

Mortgage and Risk — Oberlin, OH

Mortgages

Rentals and Section 8 — Oberlin, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Oberlin, OH

Home Price to Income Ratio

Oberlin, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Kipton

Amherst, OH

Lagrange, OH

Wellington, OH

Elyria, OH

Frequently Asked Questions

What is the average home price in Oberlin, OH 44074?

How have home prices in Oberlin, OH 44074 changed over the past year?

What is the home price projection for Oberlin, OH 44074?

What are the demographics of Oberlin, OH 44074?

How long does it take homes to sell in Oberlin, OH 44074?

What is the average rent price in Oberlin, OH 44074?