Lucas, OH—44843
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lucas, OH
As of Oct '25, the median home price in Lucas, OH is $246,000, with a year-over-year change of 5.4%. This indicates that home prices in Lucas, OH are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 5.4% |
| Single Family | $247,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $206,000 | 7.9% |
3 Bed | $256,000 | 5.8% |
4 Bed | $338,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lucas, OH
As of July '25, Rentcast reports the average rent in Lucas, OH is $895, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Lucas, OH is 2-bedrooms: $895. The most common rental property sizes in Lucas, OH are 2-bedroom and 4-bedroom, accounting for 33.6% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $895 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $895 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lucas, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Lucas, OH is 18. This is a decrease of -68.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | -22.0% |
Listing Count | 7 | 20.0% |
| Listings as % of Homes | N/A | 20.0% |
Days on Market | 18 | -68.0% |
Demographics — Lucas, OH
As of the latest ACS Survey released in 2023, Lucas, OH has a population of 2,730, which has increased by 28.5% over the past 5 years. Lucas, OH is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,730 | 28.5% |
% Under 18 | 17.4% | -37.4% |
% Seniors | 22.8% | 11.8% |
% WFH | 3.3% | -43.1% |
% w/ College Degree | 26.1% | 46.6% |
As of the latest ACS Survey released in 2023, Lucas, OH is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Lucas, OH is black, making up 1.8% of the population. Foreign-born residents account for 0.0% of the population in Lucas, OH, and this percentage has decreased by 100.0% 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 | 91.2% | -6.3% |
% Black | 1.8% | 500.0% |
% Hispanic | 0.8% | 300.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Lucas, OH
According to HUD data as of 2023, there were 111 mortgage originations in Lucas, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Lucas, OH. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 111 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Lucas, OH
Lucas, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | $25 | $895 | $920 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Lucas, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $246,000 |
| Median Household Income | $89,100 |