Willard, OH—44890
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Willard, OH
As of Oct '25, the median home price in Willard, OH is $165,000, with a year-over-year change of 3.1%. This indicates that home prices in Willard, OH are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | 3.1% |
| Single Family | $167,000 | 3.7% |
| Condos | $139,000 | -8.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | 5.4% |
3 Bed | $183,000 | 5.8% |
4 Bed | $213,000 | 5.4% |
| 5 Bed | $261,000 | 6.1% |
% of Housing Stock
Rental Trends — Willard, OH
As of July '25, Rentcast reports the average rent in Willard, OH is $740, with a year-over-year rent change of 20.9%. Per bedroom, the median rent as of July '25 in Willard, OH is 1-bedrooms: $584, 2-bedrooms: $750, 3-bedrooms: $1,200. The most common rental property sizes in Willard, OH are 2-bedroom and 3-bedroom, accounting for 41.4% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $584 |
| 2 Bed Rent | $750 | $750 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Willard, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Willard, OH is 32. This is a increase of 21.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $231,000 | -17.0% |
Listing Count | 32 | 4.0% |
| Listings as % of Homes | 0.6% | 4.0% |
Days on Market | 32 | 21.0% |
Demographics — Willard, OH
As of the latest ACS Survey released in 2023, Willard, OH has a population of 10,400, which has decreased by -7.8% over the past 5 years. Willard, OH is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | -7.8% |
% Under 18 | 22.2% | -8.6% |
% Seniors | 20.7% | 24.0% |
% WFH | 2.2% | -8.3% |
% w/ College Degree | 15.7% | 12.1% |
As of the latest ACS Survey released in 2023, Willard, OH is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Willard, OH is hispanic, making up 12.8% of the population. Foreign-born residents account for 2.7% of the population in Willard, 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 | 83.2% | -3.0% |
% Black | 0.2% | -85.7% |
% Hispanic | 12.8% | 26.7% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 2.7% | 12.5% |
Mortgage and Risk — Willard, OH
According to HUD data as of 2023, there were 170 mortgage originations in Willard, OH, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Willard, OH. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 170 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Willard, OH
Willard, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 173 |
Total Units Section 8 | 172 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $45 | $625 | $670 |
| 2 Bedroom | $130 | $750 | $880 |
| 3 Bedroom | -$70 | $1,200 | $1,130 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Willard, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $165,000 |
| Median Household Income | $65,000 |