Wooster, OH—44691
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wooster, OH
Wooster, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | 4.0% |
| Single Family | $260,000 | 4.0% |
| Condos | $211,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $196,000 | 3.2% |
3 Bed | $259,000 | 4.0% |
4 Bed | $347,000 | 3.6% |
| 5 Bed | $409,000 | 1.7% |
% of Housing Stock
Rental Trends — Wooster, OH
As of July '25, Rentcast reports the average rent in Wooster, OH is $1,200, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Wooster, OH is studios: $718, 1-bedrooms: $919, 2-bedrooms: $1,220, 3-bedrooms: $1,560, 4-bedrooms: $1,400. The most common rental property sizes in Wooster, OH are 2-bedroom and 1-bedroom, accounting for 49.6% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,200 |
| Studio Rent | $650 | $718 |
| 1 Bed Rent | $875 | $919 |
| 2 Bed Rent | $1,100 | $1,220 |
| 3 Bed Rent | $1,450 | $1,560 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Wooster, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Wooster, OH is 49. This is a increase of 34.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $326,000 | 13.0% |
Listing Count | 138 | 34.0% |
| Listings as % of Homes | 0.3% | 34.0% |
Days on Market | 49 | 34.0% |
Demographics — Wooster, OH
As of the latest ACS Survey released in 2023, Wooster, OH has a population of 44,400, which has decreased by -1.5% over the past 5 years. Wooster, OH is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,400 | -1.5% |
% Under 18 | 19.9% | -2.0% |
% Seniors | 21.2% | 13.4% |
% WFH | 8.1% | 65.3% |
% w/ College Degree | 31.3% | 17.7% |
As of the latest ACS Survey released in 2023, Wooster, OH is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Wooster, OH is hispanic, making up 2.2% of the population. Foreign-born residents account for 3.6% of the population in Wooster, 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 | 90.5% | -1.2% |
% Black | 1.6% | -38.5% |
% Hispanic | 2.2% | 22.2% |
% Asian | 1.3% | -31.6% |
% Foreign Born | 3.6% | 12.5% |
Mortgage and Risk — Wooster, OH
According to HUD data as of 2023, there were 685 mortgage originations in Wooster, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Wooster, OH. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 685 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Wooster, OH
Wooster, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 924 |
Total Units Section 8 | 708 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$125 | $875 | $750 |
| 2 Bedroom | -$130 | $1,100 | $970 |
| 3 Bedroom | -$260 | $1,450 | $1,190 |
| 4 Bedroom | -$40 | $1,400 | $1,360 |
Affordability — Wooster, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $255,000 |
| Median Household Income | $71,300 |