Hiram, OH—44234
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hiram, OH
As of Oct '25, the median home price in Hiram, OH is $315,000, with a year-over-year change of 3.9%. This indicates that home prices in Hiram, OH are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $315,000 | 3.9% |
| Single Family | $314,000 | 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 | $244,000 | 4.7% |
3 Bed | $322,000 | 3.5% |
4 Bed | $372,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hiram, OH
As of July '25, Rentcast reports the average rent in Hiram, OH is $2,100, with a year-over-year rent change of 23.5%. Per bedroom, the median rent as of July '25 in Hiram, OH is 3-bedrooms: $2,100. The most common rental property sizes in Hiram, OH are 3-bedroom and 2-bedroom, accounting for 41.7% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hiram, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Hiram, OH is 23. This is a decrease of -34.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | 24.0% |
Listing Count | 8 | -37.0% |
| Listings as % of Homes | 0.6% | -37.0% |
Days on Market | 23 | -34.0% |
Demographics — Hiram, OH
As of the latest ACS Survey released in 2023, Hiram, OH has a population of 4,080, which has decreased by -2.4% over the past 5 years. Hiram, OH is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,080 | -2.4% |
% Under 18 | 16.4% | 12.3% |
% Seniors | 18.9% | 7.4% |
% WFH | 15.6% | 21.9% |
% w/ College Degree | 34.1% | -11.0% |
As of the latest ACS Survey released in 2023, Hiram, OH is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Hiram, OH is black, making up 7.5% of the population. Foreign-born residents account for 1.6% of the population in Hiram, OH, and this percentage has decreased by 44.8% 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 | 86.2% | -6.7% |
% Black | 7.5% | 134.4% |
% Hispanic | 2.9% | 70.6% |
% Asian | 0.4% | -71.4% |
% Foreign Born | 1.6% | -44.8% |
Mortgage and Risk — Hiram, OH
According to HUD data as of 2023, there were 65 mortgage originations in Hiram, OH, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Hiram, OH. Investor activity is low, as 0.0% 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 | 65 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Hiram, OH
Hiram, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | -$800 | $2,100 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Hiram, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $315,000 |
| Median Household Income | $73,500 |