Boardman, OH—44512
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Boardman, OH
As of Oct '25, the median home price in Boardman, OH is $195,000, with a year-over-year change of 6.4%. This indicates that home prices in Boardman, OH are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 6.4% |
| Single Family | $199,000 | 7.0% |
| Condos | $174,000 | 4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | 4.6% |
3 Bed | $199,000 | 7.0% |
4 Bed | $281,000 | 7.7% |
| 5 Bed | $319,000 | 7.4% |
% of Housing Stock
Rental Trends — Boardman, OH
As of July '25, Rentcast reports the average rent in Boardman, OH is $1,010, with a year-over-year rent change of -9.8%. Per bedroom, the median rent as of July '25 in Boardman, OH is studios: $674, 1-bedrooms: $773, 2-bedrooms: $956, 3-bedrooms: $1,600, 4-bedrooms: $1,320. The most common rental property sizes in Boardman, OH are 2-bedroom and 1-bedroom, accounting for 50.5% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,010 |
| Studio Rent | $695 | $674 |
| 1 Bed Rent | $700 | $773 |
| 2 Bed Rent | $900 | $956 |
| 3 Bed Rent | $1,500 | $1,600 |
| 4 Bed Rent | $1,250 | $1,320 |
% of Rental Stock
Property Listings — Boardman, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Boardman, OH is 61. 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | -15.0% |
Listing Count | 112 | -17.0% |
| Listings as % of Homes | 0.5% | -17.0% |
Days on Market | 61 | 27.0% |
Demographics — Boardman, OH
As of the latest ACS Survey released in 2023, Boardman, OH has a population of 33,000, which has remained stable by 0.8% over the past 5 years. Boardman, OH is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 35.1% 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 | 33,000 | 0.8% |
% Under 18 | 20.7% | 12.5% |
% Seniors | 22.7% | 9.7% |
% WFH | 10.9% | 275.9% |
% w/ College Degree | 35.1% | 10.4% |
As of the latest ACS Survey released in 2023, Boardman, OH is a predominantly white area, with 80.7% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Boardman, OH is black, making up 8.9% of the population. Foreign-born residents account for 3.5% of the population in Boardman, OH, and this percentage has increased by 34.6% 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 | 80.7% | -5.4% |
% Black | 8.9% | 1.1% |
% Hispanic | 5.4% | 74.2% |
% Asian | 1.0% | 25.0% |
% Foreign Born | 3.5% | 34.6% |
Mortgage and Risk — Boardman, OH
According to HUD data as of 2023, there were 747 mortgage originations in Boardman, OH, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Boardman, 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 | 747 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Boardman, OH
As of 2024, the percent of homes in Boardman, OH under the Section 8 program is 4.6%. 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. In Boardman, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 294 |
Total Units Section 8 | 225 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $700 | $700 |
| 2 Bedroom | -$20 | $900 | $880 |
| 3 Bedroom | -$330 | $1,500 | $1,170 |
| 4 Bedroom | -$10 | $1,250 | $1,240 |
Affordability — Boardman, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $195,000 |
| Median Household Income | $62,300 |