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Alliance, OH—44601

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$165,000
3.8% YoY Growth
Household Income
$61,900
40.4% YoY Growth
Days on Market
36
7.0% Shorter YoY
Home Price Forecast
2.2%
Median Rent
$749
2.7% YoY Growth
1-Bed Rent
$625
4.0% YoY Growth
2-Bed Rent
$750
1.2% YoY Growth
3-Bed Rent
$775
9.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Alliance, OH

As of May '26, the median home price in Alliance, OH is $165,000, with a year-over-year change of 3.8%. This indicates that home prices in Alliance, 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 TypeMedian Home ValueYoY % Change
All Homes
$165,0003.8%
Single Family $164,0003.8%
Condos $241,0003.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $88,000
    -2.2%
    2 Bed
    		$133,0003.9%
    3 Bed
    		$178,0004.7%
    4 Bed
    		$231,0005.0%
    5 Bed $283,8686.6%
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    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    8.8%
    2 Bedrooms
    26.7%
    3 Bedrooms
    47.5%
    4 Bedrooms
    13.9%
    5+ Bedrooms
    2.1%

    Rental Trends — Alliance, OH

    As of July '25, Rentcast reports the average rent in Alliance, OH is $759, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Alliance, OH is 1-bedrooms: $624, 2-bedrooms: $781, 3-bedrooms: $860, 4-bedrooms: $695. The most common rental property sizes in Alliance, OH are 3-bedroom and 2-bedroom, accounting for 37.4% and 34.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$749$759
    Studio Rent N/AN/A
    1 Bed Rent $625$624
    2 Bed Rent $750$781
    3 Bed Rent $775$860
    4 Bed Rent $695$695
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    % of Rental Stock

    Studio
    1.8%
    1 Bedroom
    19.5%
    2 Bedrooms
    34.2%
    3 Bedrooms
    37.4%
    4 Bedrooms
    6.1%
    5+ Bedrooms
    1.0%

    Property Listings — Alliance, OH

    As of May '26, Realtor.com reports that the median days on market for a home in Alliance, OH is 36. This is a decrease of -7.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$187,00013.0%
    Listing Count
    		11011.0%
    Listings as % of Homes0.4%11.0%
    Days on Market
    		36-7.0%
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    Demographics — Alliance, OH

    As of the latest ACS Survey released in 2023, Alliance, OH has a population of 32,800, which has decreased by -5.5% over the past 5 years. Alliance, OH is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		32,800-5.5%
    % Under 18
    		18.9%-12.1%
    % Seniors
    		20.0%8.7%
    % WFH
    		7.2%132.3%
    % w/ College Degree
    		16.7%-5.1%
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    As of the latest ACS Survey released in 2023, Alliance, OH is a predominantly white area, with 86.7% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Alliance, OH is black, making up 6.5% of the population. Foreign-born residents account for 1.2% of the population in Alliance, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		86.7%-2.9%
    % Black
    		6.5%22.6%
    % Hispanic
    		1.2%-20.0%
    % Asian
    		0.4%-20.0%
    % Foreign Born
    		1.2%0.0%
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    Mortgage and Risk — Alliance, OH

    According to HUD data as of 2023, there were 483 mortgage originations in Alliance, OH, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Alliance, OH. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		483
    % Conventional Loans
    		76.0%
    % Government Loans
    		24.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		16.0%
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    Rentals and Section 8 — Alliance, OH

    As of 2024, the percent of homes in Alliance, OH under the Section 8 program is 6.5%. 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 Alliance, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		627
    Total Units Section 8
    		333
    % Rentals under Section 8
    		6.5%
    % Occupied Section 8
    		85.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$115$625$740
    2 Bedroom$190$750$940
    3 Bedroom$405$775$1,180
    4 Bedroom$565$695$1,260

    Affordability — Alliance, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.2
    Median Home Price$165,000
    Median Household Income$61,900

    Alliance, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Sebring, OH

    44672

    Homeworth, OH

    44634

    North Benton, OH

    44449

    Atwater, OH

    44201

    Louisville, OH

    44641

    Frequently Asked Questions