Lake Milton, OH—44429
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Milton, OH
As of Oct '25, the median home price in Lake Milton, OH is $220,000, with a year-over-year change of 1.2%. This indicates that home prices in Lake Milton, OH are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | 1.2% |
| Single Family | $210,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $200,000 | 0.0% |
3 Bed | $241,000 | 0.4% |
4 Bed | $407,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lake Milton, OH
As of July '25, Rentcast reports the average rent in Lake Milton, OH is $1,500, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Lake Milton, OH is 2-bedrooms: $1,500. The most common rental property sizes in Lake Milton, OH are 3-bedroom and 4-bedroom, accounting for 33.2% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lake Milton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Milton, OH is 59. This is a decrease of -8.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 3.0% |
Listing Count | 14 | -9.0% |
| Listings as % of Homes | 0.9% | -9.0% |
Days on Market | 59 | -8.0% |
Demographics — Lake Milton, OH
As of the latest ACS Survey released in 2023, Lake Milton, OH has a population of 2,360, which has decreased by -7.2% over the past 5 years. Lake Milton, OH is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,360 | -7.2% |
% Under 18 | 25.0% | 52.4% |
% Seniors | 22.4% | 14.3% |
% WFH | 5.3% | 35.9% |
% w/ College Degree | 20.5% | 10.8% |
As of the latest ACS Survey released in 2023, Lake Milton, OH is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Lake Milton, OH is asian, making up 0.1% of the population. Foreign-born residents account for 0.3% of the population in Lake Milton, OH, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.6% | -3.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.3% | -80.0% |
Mortgage and Risk — Lake Milton, OH
According to HUD data as of 2023, there were 79 mortgage originations in Lake Milton, OH, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Lake Milton, OH. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lake Milton, OH
Lake Milton, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | -$540 | $1,500 | $960 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Lake Milton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $220,000 |
| Median Household Income | $77,800 |