Piqua, OH 45356 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Piqua, OH—45356

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$183,000

2.9% YoY Growth

Household Income

$66,100

35.7% YoY Growth

Days on Market

15.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$950

11.5% YoY Growth

1-Bed Rent

$760

10.8% YoY Growth

2-Bed Rent

$950

6.3% YoY Growth

3-Bed Rent

$975

6.6% YoY Growth

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	$183,000	2.9%
Single Family	$184,000	2.8%
Condos	$126,000	10.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$96,000	-1.0%

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

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% of Rental Stock

Studio

0.5%

1 Bedroom

14.8%

2 Bedrooms

56.1%

3 Bedrooms

25.4%

4 Bedrooms

3.2%

Property Listings — Piqua, OH

As of May '26, Realtor.com reports that the median days on market for a home in Piqua, OH is 38. This is a increase of 15.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$236,000	25.0%
Listing Count	79	14.0%
Listings as % of Homes	0.4%	14.0%
Days on Market	38	15.0%

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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%

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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%

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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%

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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

Piqua, OH—45356

Key Metrics at a Glance

Home Price Trends — Piqua, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Piqua, OH

% of Rental Stock

Property Listings — Piqua, OH

Demographics — Piqua, OH

Race and Ethnicity

Mortgage and Risk — Piqua, OH

Mortgages

Rentals and Section 8 — Piqua, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Piqua, OH

Home Price to Income Ratio

Piqua, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Covington, OH

Houston, OH

Troy, OH

Sidney, OH

Fletcher, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$183,000
Median Household Income	$66,100

Piqua, OH—45356

Key Metrics at a Glance

Home Price Trends — Piqua, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Piqua, OH

% of Rental Stock

Property Listings — Piqua, OH

Demographics — Piqua, OH

Race and Ethnicity

Mortgage and Risk — Piqua, OH

Mortgages

Rentals and Section 8 — Piqua, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Piqua, OH

Home Price to Income Ratio

Piqua, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Covington, OH

Houston, OH

Troy, OH

Sidney, OH

Fletcher, OH

Frequently Asked Questions

What is the average home price in Piqua, OH 45356?

How have home prices in Piqua, OH 45356 changed over the past year?

What is the home price projection for Piqua, OH 45356?

What are the demographics of Piqua, OH 45356?

How long does it take homes to sell in Piqua, OH 45356?

What is the average rent price in Piqua, OH 45356?