Peninsula, OH—44264
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Peninsula, OH
As of Oct '25, the median home price in Peninsula, OH is $409,000, with a year-over-year change of 2.4%. This indicates that home prices in Peninsula, OH are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $409,000 | 2.4% |
| Single Family | $408,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $250,000 | 5.0% |
3 Bed | $382,000 | 3.0% |
4 Bed | $496,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Peninsula, OH
As of July '25, Rentcast reports the average rent in Peninsula, OH is $3,150, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Peninsula, OH is 3-bedrooms: $3,100, 4-bedrooms: $3,300. The most common rental property sizes in Peninsula, OH are 3-bedroom and 2-bedroom, accounting for 65.4% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,040 | $3,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,040 | $3,100 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — Peninsula, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Peninsula, OH is 50. This is a increase of 9.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $628,000 | 46.0% |
Listing Count | 6 | -4.0% |
| Listings as % of Homes | 0.8% | -4.0% |
Days on Market | 50 | 9.0% |
Demographics — Peninsula, OH
As of the latest ACS Survey released in 2023, Peninsula, OH has a population of 3,600, which has increased by 17.1% over the past 5 years. Peninsula, OH is a popular place for families, as children make up 27.1% of the population. The area has a highly educated workforce, with 55.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,600 | 17.1% |
% Under 18 | 27.1% | 10.2% |
% Seniors | 17.3% | 5.5% |
% WFH | 15.0% | 130.8% |
% w/ College Degree | 55.1% | 15.5% |
As of the latest ACS Survey released in 2023, Peninsula, OH is a predominantly white area, with 82.2% 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 Peninsula, OH is asian, making up 14.5% of the population. Foreign-born residents account for 9.3% of the population in Peninsula, OH, and this percentage has increased by 200.0% 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 | 82.2% | -7.2% |
% Black | 0.6% | -84.6% |
% Hispanic | 0.4% | -42.9% |
% Asian | 14.5% | 1,712.5% |
% Foreign Born | 9.3% | 200.0% |
Mortgage and Risk — Peninsula, OH
According to HUD data as of 2023, there were 61 mortgage originations in Peninsula, OH, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Peninsula, OH. Investor activity is low, as 2.0% 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 | 61 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Peninsula, OH
Peninsula, 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 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,250 |
| 3 Bedroom | -$1,500 | $3,040 | $1,540 |
| 4 Bedroom | -$1,640 | $3,300 | $1,660 |
Affordability — Peninsula, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $409,000 |
| Median Household Income | $118,000 |