Tallmadge, OH 44278 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tallmadge, OH—44278

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$278,000

4.0% YoY Growth

Household Income

$91,700

31.6% YoY Growth

Days on Market

22.0% Longer YoY

Home Price Forecast

2.2%

Median Rent

$1,200

3.6% YoY Growth

1-Bed Rent

$850

N/A

2-Bed Rent

$1,150

7.3% YoY Growth

3-Bed Rent

$1,800

0.9% YoY Growth

Home Price Trends — Tallmadge, OH

As of Dec '25, the median home price in Tallmadge, OH is $278,000, with a year-over-year change of 4.0%. This indicates that home prices in Tallmadge, OH are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$278,000	4.0%
Single Family	$286,000	4.4%
Condos	$249,000	4.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Tallmadge, OH

As of July '25, Rentcast reports the average rent in Tallmadge, OH is $1,740, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Tallmadge, OH is 1-bedrooms: $1,010, 2-bedrooms: $1,320, 3-bedrooms: $2,150, 4-bedrooms: $2,620. The most common rental property sizes in Tallmadge, OH are 2-bedroom and 1-bedroom, accounting for 47.2% and 30.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,740
Studio Rent	N/A	N/A
1 Bed Rent	$850	$1,010
2 Bed Rent	$1,150	$1,320
3 Bed Rent	$1,800	$2,150
4 Bed Rent	$2,350	$2,620

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% of Rental Stock

Studio

1.3%

1 Bedroom

30.6%

2 Bedrooms

47.2%

3 Bedrooms

14.4%

4 Bedrooms

6.4%

Property Listings — Tallmadge, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Tallmadge, OH is 33. This is a increase of 27.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$305,000	-1.0%
Listing Count	47	-10.0%
Listings as % of Homes	0.6%	-10.0%
Days on Market	46	22.0%

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Demographics — Tallmadge, OH

As of the latest ACS Survey released in 2023, Tallmadge, OH has a population of 18,600, which has increased by 3.6% over the past 5 years. Tallmadge, OH is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 34.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,600	3.6%
% Under 18	18.3%	-9.4%
% Seniors	23.4%	8.8%
% WFH	10.9%	240.6%
% w/ College Degree	34.0%	4.0%

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As of the latest ACS Survey released in 2023, Tallmadge, OH is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Tallmadge, OH is asian, making up 6.8% of the population. Foreign-born residents account for 6.7% of the population in Tallmadge, OH, and this percentage has increased by 116.1% 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	86.0%	-5.6%
% Black	4.1%	-19.6%
% Hispanic	1.1%	175.0%
% Asian	6.8%	1,260.0%
% Foreign Born	6.7%	116.1%

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Mortgage and Risk — Tallmadge, OH

According to HUD data as of 2023, there were 359 mortgage originations in Tallmadge, OH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Tallmadge, 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

Metric	Zip Code Average
Total Loan Originations	359
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Tallmadge, OH

As of 2024, the percent of homes in Tallmadge, OH under the Section 8 program is 25.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Tallmadge, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	381
Total Units Section 8	324
% Rentals under Section 8	25.2%
% Occupied Section 8	97.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$50	$850	$900
2 Bedroom	$0	$1,150	$1,150
3 Bedroom	-$380	$1,800	$1,420
4 Bedroom	-$820	$2,350	$1,530

Tallmadge, OH—44278

Key Metrics at a Glance

Home Price Trends — Tallmadge, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tallmadge, OH

% of Rental Stock

Property Listings — Tallmadge, OH

Demographics — Tallmadge, OH

Race and Ethnicity

Mortgage and Risk — Tallmadge, OH

Mortgages

Rentals and Section 8 — Tallmadge, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Tallmadge, OH

Home Price to Income Ratio

Tallmadge, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Munroe Falls, OH

West Akron, Akron, OH

Cuyahoga Falls, OH

Kenmore, Akron, OH

Stow, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$278,000
Median Household Income	$91,700

Tallmadge, OH—44278

Key Metrics at a Glance

Home Price Trends — Tallmadge, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tallmadge, OH

% of Rental Stock

Property Listings — Tallmadge, OH

Demographics — Tallmadge, OH

Race and Ethnicity

Mortgage and Risk — Tallmadge, OH

Mortgages

Rentals and Section 8 — Tallmadge, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Tallmadge, OH

Home Price to Income Ratio

Tallmadge, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Munroe Falls, OH

West Akron, Akron, OH

Cuyahoga Falls, OH

Kenmore, Akron, OH

Stow, OH

Frequently Asked Questions

What is the average home price in Tallmadge, OH 44278?

How have home prices in Tallmadge, OH 44278 changed over the past year?

What is the home price projection for Tallmadge, OH 44278?

What are the demographics of Tallmadge, OH 44278?

How long does it take homes to sell in Tallmadge, OH 44278?

What is the average rent price in Tallmadge, OH 44278?