Warren, OH—44484
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warren, OH
As of Oct '25, the median home price in Warren, OH is $191,000, with a year-over-year change of 8.3%. This indicates that home prices in Warren, OH are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | 8.3% |
| Single Family | $186,000 | 9.4% |
| Condos | $230,000 | 6.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $120,000 | 8.1% |
3 Bed | $179,000 | 9.1% |
4 Bed | $283,000 | 7.6% |
| 5 Bed | $359,000 | 6.8% |
% of Housing Stock
Rental Trends — Warren, OH
As of July '25, Rentcast reports the average rent in Warren, OH is $1,730, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Warren, OH is 1-bedrooms: $848, 2-bedrooms: $990, 3-bedrooms: $1,000, 4-bedrooms: $3,720. The most common rental property sizes in Warren, OH are 2-bedroom and 3-bedroom, accounting for 49.3% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $848 |
| 2 Bed Rent | $900 | $990 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | $2,700 | $3,720 |
% of Rental Stock
Property Listings — Warren, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Warren, OH is 44. This is a increase of 14.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $243,000 | 14.0% |
Listing Count | 81 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 44 | 14.0% |
Demographics — Warren, OH
As of the latest ACS Survey released in 2023, Warren, OH has a population of 21,600, which has remained stable by -0.8% over the past 5 years. Warren, OH is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,600 | -0.8% |
% Under 18 | 22.3% | 5.2% |
% Seniors | 21.1% | -5.0% |
% WFH | 5.9% | 22.9% |
% w/ College Degree | 26.2% | 4.4% |
As of the latest ACS Survey released in 2023, Warren, OH is a predominantly white area, with 83.7% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Warren, OH is black, making up 7.9% of the population. Foreign-born residents account for 2.7% of the population in Warren, OH, and this percentage has increased by 12.5% 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 | 83.7% | -3.2% |
% Black | 7.9% | 3.9% |
% Hispanic | 2.5% | 56.2% |
% Asian | 1.8% | 100.0% |
% Foreign Born | 2.7% | 12.5% |
Mortgage and Risk — Warren, OH
According to HUD data as of 2023, there were 408 mortgage originations in Warren, OH, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Warren, OH. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 408 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Warren, OH
As of 2024, the percent of homes in Warren, OH under the Section 8 program is 7.8%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Warren, OH, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 652 |
Total Units Section 8 | 184 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$15 | $795 | $780 |
| 2 Bedroom | $80 | $900 | $980 |
| 3 Bedroom | $280 | $1,000 | $1,280 |
| 4 Bedroom | -$1,340 | $2,700 | $1,360 |
Affordability — Warren, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $191,000 |
| Median Household Income | $65,400 |