Fairborn, OH—45324
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairborn, OH
Fairborn, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 1.4% |
| Single Family | $202,000 | 2.0% |
| Condos | $163,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | -3.3% |
2 Bed | $143,000 | 1.4% |
3 Bed | $191,000 | 1.6% |
4 Bed | $290,000 | 2.8% |
| 5 Bed | $363,000 | 2.8% |
% of Housing Stock
Rental Trends — Fairborn, OH
As of July '25, Rentcast reports the average rent in Fairborn, OH is $1,260, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Fairborn, OH is studios: $768, 1-bedrooms: $791, 2-bedrooms: $1,180, 3-bedrooms: $1,650, 4-bedrooms: $2,130. The most common rental property sizes in Fairborn, OH are 2-bedroom and 3-bedroom, accounting for 48.3% and 21.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,260 |
| Studio Rent | $700 | $768 |
| 1 Bed Rent | $810 | $791 |
| 2 Bed Rent | $1,000 | $1,180 |
| 3 Bed Rent | $1,500 | $1,650 |
| 4 Bed Rent | $2,100 | $2,130 |
% of Rental Stock
Property Listings — Fairborn, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairborn, OH is 39. This is a decrease of -10.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $262,000 | 13.0% |
Listing Count | 107 | -8.0% |
| Listings as % of Homes | 0.4% | -8.0% |
Days on Market | 39 | -10.0% |
Demographics — Fairborn, OH
As of the latest ACS Survey released in 2023, Fairborn, OH has a population of 41,300, which has remained stable by 0.6% over the past 5 years. Fairborn, OH is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,300 | 0.6% |
% Under 18 | 18.3% | 0.5% |
% Seniors | 16.1% | 11.8% |
% WFH | 7.7% | 108.1% |
% w/ College Degree | 30.2% | -3.2% |
As of the latest ACS Survey released in 2023, Fairborn, OH is a predominantly white area, with 77.9% 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 Fairborn, OH is black, making up 8.4% of the population. Foreign-born residents account for 5.6% of the population in Fairborn, OH, and this percentage has increased by 3.7% 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 | 77.9% | -3.0% |
% Black | 8.4% | -2.3% |
% Hispanic | 3.3% | -2.9% |
% Asian | 1.9% | -45.7% |
% Foreign Born | 5.6% | 3.7% |
Mortgage and Risk — Fairborn, OH
According to HUD data as of 2023, there were 742 mortgage originations in Fairborn, OH, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Fairborn, OH. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 742 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Fairborn, OH
As of 2024, the percent of homes in Fairborn, OH under the Section 8 program is 11.0%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Fairborn, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,094 |
Total Units Section 8 | 959 |
% Rentals under Section 8 | 11.0% |
% Occupied Section 8 | 85.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $810 | $870 |
| 2 Bedroom | $110 | $1,000 | $1,110 |
| 3 Bedroom | -$70 | $1,500 | $1,430 |
| 4 Bedroom | -$510 | $2,100 | $1,590 |
Affordability — Fairborn, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $195,000 |
| Median Household Income | $59,900 |