Oakwood, OH—45409
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Oakwood, OH
Home Price Trends — Oakwood, OH
Oakwood, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 4.2% |
| Single Family | $251,000 | 2.9% |
| Condos | $190,000 | 8.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $171,000 | 4.3% |
3 Bed | $246,000 | 2.9% |
4 Bed | $382,000 | 3.8% |
| 5 Bed | $502,000 | 2.7% |
% of Housing Stock
Rental Trends — Oakwood, OH
As of July '25, Rentcast reports the average rent in Oakwood, OH is $1,580, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in Oakwood, OH is 1-bedrooms: $1,350, 2-bedrooms: $1,360, 3-bedrooms: $1,660, 4-bedrooms: $2,950. The most common rental property sizes in Oakwood, OH are 2-bedroom and 1-bedroom, accounting for 44.0% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $1,350 |
| 2 Bed Rent | $1,240 | $1,360 |
| 3 Bed Rent | $1,500 | $1,660 |
| 4 Bed Rent | $2,950 | $2,950 |
% of Rental Stock
Property Listings — Oakwood, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakwood, OH is 52. This is a increase of 19.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | -32.0% |
Listing Count | 25 | 60.0% |
| Listings as % of Homes | 0.3% | 60.0% |
Days on Market | 52 | 19.0% |
Demographics — Oakwood, OH
As of the latest ACS Survey released in 2023, Oakwood, OH has a population of 15,700, which has remained stable by 0.5% over the past 5 years. Oakwood, OH is a less popular place for families, as children make up 8.3% of the population. The area has a highly educated workforce, with 64.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,700 | 0.5% |
% Under 18 | 8.3% | 9.2% |
% Seniors | 7.8% | -4.9% |
% WFH | 13.3% | 137.5% |
% w/ College Degree | 64.7% | 29.7% |
As of the latest ACS Survey released in 2023, Oakwood, OH is a predominantly white area, with 83.3% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Oakwood, OH is hispanic, making up 5.5% of the population. Foreign-born residents account for 4.1% of the population in Oakwood, OH, and this percentage has increased by 28.1% 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 | 83.3% | -8.0% |
% Black | 5.4% | 63.6% |
% Hispanic | 5.5% | 111.5% |
% Asian | 2.9% | 26.1% |
% Foreign Born | 4.1% | 28.1% |
Mortgage and Risk — Oakwood, OH
According to HUD data as of 2023, there were 135 mortgage originations in Oakwood, OH, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Oakwood, OH. Investor activity is low, as 6.0% 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 | 135 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Oakwood, OH
As of 2024, the percent of homes in Oakwood, OH under the Section 8 program is 2.0%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Oakwood, OH, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $850 | $1,000 |
| 2 Bedroom | $40 | $1,240 | $1,280 |
| 3 Bedroom | $150 | $1,500 | $1,650 |
| 4 Bedroom | -$1,120 | $2,950 | $1,830 |
Affordability — Oakwood, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $243,000 |
| Median Household Income | $84,000 |