West Chester, OH—45069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Chester, OH
As of Oct '25, the median home price in West Chester, OH is $413,000, with a year-over-year change of 3.8%. This indicates that home prices in West Chester, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $413,000 | 3.8% |
| Single Family | $431,000 | 3.9% |
| Condos | $215,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $216,000 | 3.8% |
3 Bed | $345,000 | 3.9% |
4 Bed | $461,000 | 3.6% |
| 5 Bed | $643,000 | 2.6% |
% of Housing Stock
Rental Trends — West Chester, OH
As of July '25, Rentcast reports the average rent in West Chester, OH is $2,590, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in West Chester, OH is studios: $1,130, 1-bedrooms: $1,470, 2-bedrooms: $1,810, 3-bedrooms: $2,690, 4-bedrooms: $3,270. The most common rental property sizes in West Chester, OH are 2-bedroom and 1-bedroom, accounting for 47.5% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,590 |
| Studio Rent | $1,030 | $1,130 |
| 1 Bed Rent | $1,510 | $1,470 |
| 2 Bed Rent | $1,680 | $1,810 |
| 3 Bed Rent | $2,500 | $2,690 |
| 4 Bed Rent | $3,100 | $3,270 |
% of Rental Stock
Property Listings — West Chester, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in West Chester, OH is 28. This is a increase of 25.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | 10.0% |
Listing Count | 128 | 4.0% |
| Listings as % of Homes | 0.3% | 4.0% |
Days on Market | 28 | 25.0% |
Demographics — West Chester, OH
As of the latest ACS Survey released in 2023, West Chester, OH has a population of 55,600, which has increased by 8.8% over the past 5 years. West Chester, OH is a moderately popular place for families, as children make up 24.5% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,600 | 8.8% |
% Under 18 | 24.5% | 1.2% |
% Seniors | 16.4% | 14.7% |
% WFH | 17.1% | 134.2% |
% w/ College Degree | 52.8% | 1.1% |
As of the latest ACS Survey released in 2023, West Chester, OH is a predominantly white area, with 74.3% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in West Chester, OH is asian, making up 9.2% of the population. Foreign-born residents account for 11.6% of the population in West Chester, OH, and this percentage has increased by 0.9% 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 | 74.3% | -3.9% |
% Black | 8.6% | 4.9% |
% Hispanic | 4.8% | 41.2% |
% Asian | 9.2% | 15.0% |
% Foreign Born | 11.6% | 0.9% |
Mortgage and Risk — West Chester, OH
According to HUD data as of 2023, there were 562 mortgage originations in West Chester, OH, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in West Chester, 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 | 562 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — West Chester, OH
As of 2024, the percent of homes in West Chester, OH under the Section 8 program is 0.3%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in West Chester, OH, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,510 | $1,350 |
| 2 Bedroom | $70 | $1,680 | $1,750 |
| 3 Bedroom | -$180 | $2,500 | $2,320 |
| 4 Bedroom | -$540 | $3,100 | $2,560 |
Affordability — West Chester, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $413,000 |
| Median Household Income | $116,000 |