Kettering, OH—45420
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kettering, OH
Kettering, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | 3.7% |
| Single Family | $165,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $97,000 | 0.0% |
2 Bed | $136,000 | 3.0% |
3 Bed | $178,000 | 4.1% |
4 Bed | $203,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kettering, OH
As of July '25, Rentcast reports the average rent in Kettering, OH is $1,140, with a year-over-year rent change of 9.6%. Per bedroom, the median rent as of July '25 in Kettering, OH is studios: $745, 1-bedrooms: $732, 2-bedrooms: $1,060, 3-bedrooms: $1,460, 4-bedrooms: $1,540. The most common rental property sizes in Kettering, OH are 2-bedroom and 1-bedroom, accounting for 44.6% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,140 |
| Studio Rent | $745 | $745 |
| 1 Bed Rent | $725 | $732 |
| 2 Bed Rent | $995 | $1,060 |
| 3 Bed Rent | $1,400 | $1,460 |
| 4 Bed Rent | $1,600 | $1,540 |
% of Rental Stock
Property Listings — Kettering, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Kettering, OH is 36. This is a increase of 54.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $172,000 | 2.0% |
Listing Count | 108 | 43.0% |
| Listings as % of Homes | 0.5% | 43.0% |
Days on Market | 36 | 54.0% |
Demographics — Kettering, OH
As of the latest ACS Survey released in 2023, Kettering, OH has a population of 24,000, which has decreased by -4.7% over the past 5 years. Kettering, OH is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 27.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,000 | -4.7% |
% Under 18 | 18.6% | -14.7% |
% Seniors | 16.4% | 16.3% |
% WFH | 6.6% | 120.0% |
% w/ College Degree | 27.2% | 24.2% |
As of the latest ACS Survey released in 2023, Kettering, OH is a predominantly white area, with 82.8% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Kettering, OH is black, making up 7.3% of the population. Foreign-born residents account for 6.7% of the population in Kettering, OH, and this percentage has increased by 59.5% 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 | 82.8% | -6.2% |
% Black | 7.3% | 108.6% |
% Hispanic | 2.7% | 80.0% |
% Asian | 2.5% | -24.2% |
% Foreign Born | 6.7% | 59.5% |
Mortgage and Risk — Kettering, OH
According to HUD data as of 2023, there were 509 mortgage originations in Kettering, OH, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Kettering, OH. Investor activity is low, as 4.0% 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 | 509 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Kettering, OH
As of 2024, the percent of homes in Kettering, OH under the Section 8 program is 11.4%. 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 Kettering, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 662 |
Total Units Section 8 | 517 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 92.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $95 | $725 | $820 |
| 2 Bedroom | $55 | $995 | $1,050 |
| 3 Bedroom | -$50 | $1,400 | $1,350 |
| 4 Bedroom | -$100 | $1,600 | $1,500 |
Affordability — Kettering, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $165,000 |
| Median Household Income | $56,700 |