Rittman, OH—44270
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rittman, OH
Rittman, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 6.6% |
| Single Family | $199,000 | 7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $154,000 | 6.9% |
3 Bed | $211,000 | 6.6% |
4 Bed | $286,000 | 5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rittman, OH
As of July '25, Rentcast reports the average rent in Rittman, OH is $1,070, with a year-over-year rent change of -9.3%. Per bedroom, the median rent as of July '25 in Rittman, OH is 2-bedrooms: $975, 3-bedrooms: $1,250. The most common rental property sizes in Rittman, OH are 2-bedroom and 3-bedroom, accounting for 46.2% and 20.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $975 |
| 3 Bed Rent | $1,250 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rittman, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Rittman, OH is 20. This is a decrease of -39.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | -29.0% |
Listing Count | 22 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 20 | -39.0% |
Demographics — Rittman, OH
As of the latest ACS Survey released in 2023, Rittman, OH has a population of 8,140, which has decreased by -7.5% over the past 5 years. Rittman, OH is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,140 | -7.5% |
% Under 18 | 23.9% | 2.1% |
% Seniors | 19.3% | 19.9% |
% WFH | 7.6% | 204.0% |
% w/ College Degree | 19.4% | 15.5% |
As of the latest ACS Survey released in 2023, Rittman, OH is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Rittman, OH is hispanic, making up 2.2% of the population. Foreign-born residents account for 1.1% of the population in Rittman, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.9% | -1.0% |
% Black | 0.1% | -95.2% |
% Hispanic | 2.2% | 450.0% |
% Asian | 0.8% | ∞% |
% Foreign Born | 1.1% | 0.0% |
Mortgage and Risk — Rittman, OH
According to HUD data as of 2023, there were 121 mortgage originations in Rittman, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Rittman, OH. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 121 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Rittman, OH
Rittman, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 102 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | $200 | $800 | $1,000 |
| 3 Bedroom | $50 | $1,250 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Rittman, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $198,000 |
| Median Household Income | $66,000 |