Piqua, OH—45356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Piqua, OH
Piqua, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $177,000 | 4.3% |
| Single Family | $177,000 | 4.1% |
| Condos | $119,000 | 11.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | -1.1% |
2 Bed | $130,000 | 3.2% |
3 Bed | $185,000 | 5.1% |
4 Bed | $235,000 | 4.4% |
| 5 Bed | $326,000 | 5.2% |
% of Housing Stock
Rental Trends — Piqua, OH
As of July '25, Rentcast reports the average rent in Piqua, OH is $1,040, with a year-over-year rent change of 11.5%. Per bedroom, the median rent as of July '25 in Piqua, OH is studios: $791, 1-bedrooms: $812, 2-bedrooms: $994, 3-bedrooms: $1,300. The most common rental property sizes in Piqua, OH are 2-bedroom and 3-bedroom, accounting for 56.1% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,040 |
| Studio Rent | $791 | $791 |
| 1 Bed Rent | $760 | $812 |
| 2 Bed Rent | $950 | $994 |
| 3 Bed Rent | $975 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Piqua, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Piqua, OH is 37. This is a increase of 69.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $197,000 | 8.0% |
Listing Count | 95 | 20.0% |
| Listings as % of Homes | 0.4% | 20.0% |
Days on Market | 37 | 69.0% |
Demographics — Piqua, OH
As of the latest ACS Survey released in 2023, Piqua, OH has a population of 25,200, which has remained stable by -0.2% over the past 5 years. Piqua, OH is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,200 | -0.2% |
% Under 18 | 21.3% | -5.3% |
% Seniors | 18.3% | 7.6% |
% WFH | 6.8% | 172.0% |
% w/ College Degree | 14.8% | -1.3% |
As of the latest ACS Survey released in 2023, Piqua, OH is a predominantly white area, with 92.4% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Piqua, OH is black, making up 2.5% of the population. Foreign-born residents account for 0.6% of the population in Piqua, OH, and this percentage has decreased by 57.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.4% | 1.4% |
% Black | 2.5% | 0.0% |
% Hispanic | 1.2% | 33.3% |
% Asian | 0.7% | -30.0% |
% Foreign Born | 0.6% | -57.1% |
Mortgage and Risk — Piqua, OH
According to HUD data as of 2023, there were 511 mortgage originations in Piqua, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Piqua, OH. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 511 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Piqua, OH
Piqua, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 584 |
Total Units Section 8 | 544 |
% Rentals under Section 8 | 15.9% |
% Occupied Section 8 | 88.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $760 | $820 |
| 2 Bedroom | $100 | $950 | $1,050 |
| 3 Bedroom | $385 | $975 | $1,360 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Piqua, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $177,000 |
| Median Household Income | $66,100 |