Vandalia, OH—45377
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vandalia, OH
Vandalia, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $238,000 | 4.9% |
| Single Family | $242,000 | 5.2% |
| Condos | $179,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $185,000 | 5.1% |
3 Bed | $221,000 | 5.7% |
4 Bed | $330,000 | 4.1% |
| 5 Bed | $425,000 | 4.2% |
% of Housing Stock
Rental Trends — Vandalia, OH
As of July '25, Rentcast reports the average rent in Vandalia, OH is $1,200, with a year-over-year rent change of 9.1%. Per bedroom, the median rent as of July '25 in Vandalia, OH is studios: $825, 1-bedrooms: $942, 2-bedrooms: $1,040, 3-bedrooms: $1,930, 4-bedrooms: $1,400. The most common rental property sizes in Vandalia, OH are 2-bedroom and 1-bedroom, accounting for 54.4% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,020 | $1,200 |
| Studio Rent | $825 | $825 |
| 1 Bed Rent | $900 | $942 |
| 2 Bed Rent | $1,020 | $1,040 |
| 3 Bed Rent | $2,000 | $1,930 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Vandalia, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Vandalia, OH is 38. This is a increase of 9.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | -16.0% |
Listing Count | 46 | 43.0% |
| Listings as % of Homes | 0.4% | 43.0% |
Days on Market | 38 | 9.0% |
Demographics — Vandalia, OH
As of the latest ACS Survey released in 2023, Vandalia, OH has a population of 15,000, which has decreased by -2.0% over the past 5 years. Vandalia, OH is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 27.8% 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 | 15,000 | -2.0% |
% Under 18 | 20.8% | 7.2% |
% Seniors | 17.6% | -9.3% |
% WFH | 7.7% | 140.6% |
% w/ College Degree | 27.8% | 11.6% |
As of the latest ACS Survey released in 2023, Vandalia, OH is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Vandalia, OH is black, making up 5.3% of the population. Foreign-born residents account for 2.8% of the population in Vandalia, OH, and this percentage has decreased by 20.0% 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 | 85.2% | -7.3% |
% Black | 5.3% | 29.3% |
% Hispanic | 1.7% | 112.5% |
% Asian | 2.2% | 69.2% |
% Foreign Born | 2.8% | -20.0% |
Mortgage and Risk — Vandalia, OH
According to HUD data as of 2023, there were 306 mortgage originations in Vandalia, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Vandalia, OH. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 306 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Vandalia, OH
As of 2024, the percent of homes in Vandalia, OH under the Section 8 program is 5.6%. 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. In Vandalia, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 131 |
Total Units Section 8 | 126 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 82.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$180 | $900 | $720 |
| 2 Bedroom | -$90 | $1,020 | $930 |
| 3 Bedroom | -$800 | $2,000 | $1,200 |
| 4 Bedroom | -$80 | $1,400 | $1,320 |
Affordability — Vandalia, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $238,000 |
| Median Household Income | $82,600 |