Wadsworth, OH—44281
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wadsworth, OH
As of Oct '25, the median home price in Wadsworth, OH is $306,000, with a year-over-year change of 4.5%. This indicates that home prices in Wadsworth, 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 | $306,000 | 4.5% |
| Single Family | $312,000 | 4.3% |
| Condos | $257,000 | 6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $209,000 | 5.6% |
3 Bed | $277,000 | 4.9% |
4 Bed | $404,000 | 4.9% |
| 5 Bed | $524,000 | 4.2% |
% of Housing Stock
Rental Trends — Wadsworth, OH
As of July '25, Rentcast reports the average rent in Wadsworth, OH is $1,270, with a year-over-year rent change of -24.0%. Per bedroom, the median rent as of July '25 in Wadsworth, OH is 1-bedrooms: $725, 2-bedrooms: $1,210, 3-bedrooms: $1,320, 4-bedrooms: $2,250. The most common rental property sizes in Wadsworth, OH are 2-bedroom and 1-bedroom, accounting for 52.7% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $725 | $725 |
| 2 Bed Rent | $1,250 | $1,210 |
| 3 Bed Rent | $1,150 | $1,320 |
| 4 Bed Rent | $2,250 | $2,250 |
% of Rental Stock
Property Listings — Wadsworth, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Wadsworth, OH is 40. 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | 14.0% |
Listing Count | 86 | 9.0% |
| Listings as % of Homes | 0.3% | 9.0% |
Days on Market | 40 | 9.0% |
Demographics — Wadsworth, OH
As of the latest ACS Survey released in 2023, Wadsworth, OH has a population of 34,100, which has increased by 5.9% over the past 5 years. Wadsworth, OH is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 42.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,100 | 5.9% |
% Under 18 | 22.1% | -9.4% |
% Seniors | 18.2% | 7.7% |
% WFH | 15.4% | 366.7% |
% w/ College Degree | 42.2% | 9.9% |
As of the latest ACS Survey released in 2023, Wadsworth, OH is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Wadsworth, OH is hispanic, making up 1.1% of the population. Foreign-born residents account for 2.1% of the population in Wadsworth, OH, and this percentage has increased by 10.5% 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 | 95.1% | -0.1% |
% Black | 1.0% | -41.2% |
% Hispanic | 1.1% | -8.3% |
% Asian | 1.0% | 42.9% |
% Foreign Born | 2.1% | 10.5% |
Mortgage and Risk — Wadsworth, OH
According to HUD data as of 2023, there were 714 mortgage originations in Wadsworth, OH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Wadsworth, OH. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 714 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Wadsworth, OH
As of 2024, the percent of homes in Wadsworth, OH under the Section 8 program is 7.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Wadsworth, OH, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 319 |
Total Units Section 8 | 268 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $285 | $725 | $1,010 |
| 2 Bedroom | -$20 | $1,250 | $1,230 |
| 3 Bedroom | $430 | $1,150 | $1,580 |
| 4 Bedroom | -$550 | $2,250 | $1,700 |
Affordability — Wadsworth, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $306,000 |
| Median Household Income | $88,100 |