Fairborn, OH 45324 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fairborn, OH—45324

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$209,000

3.7% YoY Growth

Household Income

$59,900

20.8% YoY Growth

Days on Market

5.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,050

0.0% YoY Growth

1-Bed Rent

$810

17.2% YoY Growth

2-Bed Rent

$1,000

7.3% YoY Growth

3-Bed Rent

$1,500

2.4% YoY Growth

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	$209,000	3.7%
Single Family	$216,000	4.3%
Condos	$169,000	6.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$99,000	2.1%

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

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% of Rental Stock

Studio

4.8%

1 Bedroom

19.2%

2 Bedrooms

48.3%

3 Bedrooms

21.6%

4 Bedrooms

5.7%

5+ Bedrooms

0.4%

Property Listings — Fairborn, OH

As of May '26, Realtor.com reports that the median days on market for a home in Fairborn, OH is 33. This is a increase of 5.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$265,000	3.0%
Listing Count	108	-16.0%
Listings as % of Homes	0.4%	-16.0%
Days on Market	33	5.0%

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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%

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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%

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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%

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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

Fairborn, OH—45324

Key Metrics at a Glance

Home Price Trends — Fairborn, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fairborn, OH

% of Rental Stock

Property Listings — Fairborn, OH

Demographics — Fairborn, OH

Race and Ethnicity

Mortgage and Risk — Fairborn, OH

Mortgages

Rentals and Section 8 — Fairborn, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Fairborn, OH

Home Price to Income Ratio

Fairborn, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Wright-Patterson AFB, OH

Medway, OH

Woodland Hills

Enon, OH

Beavercreek, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$209,000
Median Household Income	$59,900

Fairborn, OH—45324

Key Metrics at a Glance

Home Price Trends — Fairborn, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fairborn, OH

% of Rental Stock

Property Listings — Fairborn, OH

Demographics — Fairborn, OH

Race and Ethnicity

Mortgage and Risk — Fairborn, OH

Mortgages

Rentals and Section 8 — Fairborn, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Fairborn, OH

Home Price to Income Ratio

Fairborn, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Wright-Patterson AFB, OH

Medway, OH

Woodland Hills

Enon, OH

Beavercreek, OH

Frequently Asked Questions

What is the average home price in Fairborn, OH 45324?

How have home prices in Fairborn, OH 45324 changed over the past year?

What is the home price projection for Fairborn, OH 45324?

What are the demographics of Fairborn, OH 45324?

How long does it take homes to sell in Fairborn, OH 45324?

What is the average rent price in Fairborn, OH 45324?