Springboro, OH—45066
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Springboro, OH
As of Oct '25, the median home price in Springboro, OH is $422,000, with a year-over-year change of 2.5%. This indicates that home prices in Springboro, OH are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $422,000 | 2.5% |
| Single Family | $435,000 | 2.1% |
| Condos | $288,000 | -2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $288,000 | -3.0% |
3 Bed | $356,000 | 2.6% |
4 Bed | $484,000 | 1.7% |
| 5 Bed | $680,000 | 1.5% |
% of Housing Stock
Rental Trends — Springboro, OH
As of July '25, Rentcast reports the average rent in Springboro, OH is $1,850, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Springboro, OH is 1-bedrooms: $1,200, 2-bedrooms: $1,610, 3-bedrooms: $2,330, 4-bedrooms: $2,800. The most common rental property sizes in Springboro, OH are 3-bedroom and 2-bedroom, accounting for 37.3% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,790 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,030 | $1,200 |
| 2 Bed Rent | $1,050 | $1,610 |
| 3 Bed Rent | $2,200 | $2,330 |
| 4 Bed Rent | $2,300 | $2,800 |
% of Rental Stock
Property Listings — Springboro, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Springboro, OH is 37. This is a decrease of -8.0% 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 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 | $462,000 | -15.0% |
Listing Count | 93 | 10.0% |
| Listings as % of Homes | 0.6% | 10.0% |
Days on Market | 37 | -8.0% |
Demographics — Springboro, OH
As of the latest ACS Survey released in 2023, Springboro, OH has a population of 26,700, which has increased by 7.4% over the past 5 years. Springboro, OH is a popular place for families, as children make up 27.5% of the population. The area has a highly educated workforce, with 56.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,700 | 7.4% |
% Under 18 | 27.5% | -7.4% |
% Seniors | 16.5% | 26.9% |
% WFH | 17.4% | 222.2% |
% w/ College Degree | 56.9% | 1.6% |
As of the latest ACS Survey released in 2023, Springboro, OH is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Springboro, OH is hispanic, making up 4.0% of the population. Foreign-born residents account for 5.8% of the population in Springboro, OH, and this percentage has increased by 56.8% 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 | 86.2% | -7.0% |
% Black | 2.1% | 31.2% |
% Hispanic | 4.0% | 166.7% |
% Asian | 2.9% | 70.6% |
% Foreign Born | 5.8% | 56.8% |
Mortgage and Risk — Springboro, OH
According to HUD data as of 2023, there were 722 mortgage originations in Springboro, OH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Springboro, OH. Investor activity is low, as 1.0% 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 | 722 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Springboro, OH
As of 2024, the percent of homes in Springboro, OH under the Section 8 program is 11.5%. 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 Springboro, 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 | 126 |
Total Units Section 8 | 126 |
% Rentals under Section 8 | 11.5% |
% Occupied Section 8 | 86.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,030 | $1,470 |
| 2 Bedroom | $860 | $1,050 | $1,910 |
| 3 Bedroom | $330 | $2,200 | $2,530 |
| 4 Bedroom | $490 | $2,300 | $2,790 |
Affordability — Springboro, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $422,000 |
| Median Household Income | $122,000 |