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Farmdale, OH—44417

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$247,000
6.9% YoY Growth
Household Income
$57,000
28.4% YoY Growth
Days on Market
45
237.0% Longer YoY
Home Price Forecast
3.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Farmdale, OH

As of May '26, the median home price in Farmdale, OH is $247,000, with a year-over-year change of 6.9%. This indicates that home prices in Farmdale, OH are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$247,0006.9%
Single Family $246,0008.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$249,0007.8%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.7%
    1 Bedroom
    3.9%
    2 Bedrooms
    17.2%
    3 Bedrooms
    65.3%
    4 Bedrooms
    6.5%
    5+ Bedrooms
    5.4%

    Rental Trends — Farmdale, OH

    Farmdale, OH lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    30.3%
    3 Bedrooms
    33.3%
    4 Bedrooms
    24.2%
    5+ Bedrooms
    12.1%

    Property Listings — Farmdale, OH

    As of May '26, Realtor.com reports that the median days on market for a home in Farmdale, OH is 45. This is a increase of 237.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$609,000138.0%
    Listing Count
    		4122.0%
    Listings as % of Homes0.3%122.0%
    Days on Market
    		45237.0%
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    Demographics — Farmdale, OH

    As of the latest ACS Survey released in 2023, Farmdale, OH has a population of 1,420, which has decreased by -18.0% over the past 5 years. Farmdale, OH is a less popular place for families, as children make up 14.1% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,420-18.0%
    % Under 18
    		14.1%-46.6%
    % Seniors
    		42.8%224.2%
    % WFH
    		6.6%312.5%
    % w/ College Degree
    		12.8%-46.7%
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    As of the latest ACS Survey released in 2023, Farmdale, OH is a predominantly white area, with 97.6% of the population identifying as white. The white population has grown by 13.1% in the last 5 years. The second most common race or ethnicity in Farmdale, OH is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Farmdale, OH, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		97.6%13.1%
    % Black
    		0.0%N/A
    % Hispanic
    		0.0%N/A
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%-100.0%
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    Mortgage and Risk — Farmdale, OH

    According to HUD data as of 2023, there were 49 mortgage originations in Farmdale, OH, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Farmdale, OH. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		49
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		18.0%
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    Rentals and Section 8 — Farmdale, OH

    Farmdale, OH lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$710
    2 BedroomN/AN/A$890
    3 BedroomN/AN/A$1,160
    4 BedroomN/AN/A$1,240

    Affordability — Farmdale, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$247,000
    Median Household Income$57,000

    Farmdale, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Kinsman, OH

    44428

    Cortland, OH

    44410

    Williamsfield, OH

    44093

    Fowler, OH

    44418

    Hartford, OH

    44404

    Frequently Asked Questions