Kettering, OH45440

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$310,000
3.0% YoY Growth
Median Household Income
$83,400
15.9% 5-Year Growth
Days on Market
38
42.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,490
10.6% YoY Growth
1-Bed Rent
$930
45.3% YoY Growth
2-Bed Rent
$1,100
41.7% YoY Growth
3-Bed Rent
$1,680
7.8% YoY Growth

Other Zip Codes in Kettering, OH

Property Listings — Kettering, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Kettering, OH is 38. This is a increase of 42.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$359,000-17.0%
Listing Count
8128.0%
Listings as % of Homes0.5%28.0%
Days on Market
3842.0%
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Demographics — Kettering, OH

As of the latest ACS Survey released in 2023, Kettering, OH has a population of 22,700, which has increased by 10.2% over the past 5 years. Kettering, OH is a moderately popular place for families, as children make up 23.5% of the population. The area has a highly educated workforce, with 46.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
22,70010.2%
% Under 18
23.5%10.3%
% Seniors
20.2%3.6%
% WFH
12.5%278.8%
% w/ College Degree
46.4%0.0%
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As of the latest ACS Survey released in 2023, Kettering, OH is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Kettering, OH is black, making up 5.5% of the population. Foreign-born residents account for 5.8% of the population in Kettering, OH, and this percentage has decreased by 3.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
81.5%-8.1%
% Black
5.5%41.0%
% Hispanic
4.7%261.5%
% Asian
1.8%-52.6%
% Foreign Born
5.8%-3.3%
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Mortgage and Risk — Kettering, OH

According to HUD data as of 2023, there were 472 mortgage originations in Kettering, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Kettering, OH. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
472
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Kettering, OH

As of 2024, the percent of homes in Kettering, OH under the Section 8 program is 5.0%. 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 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
181
Total Units Section 8
174
% Rentals under Section 8
5.0%
% Occupied Section 8
90.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$20$930$950
2 Bedroom$110$1,100$1,210
3 Bedroom-$120$1,680$1,560
4 Bedroom-$470$2,200$1,730

Affordability — Kettering, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$310,000
Median Household Income$83,400

Kettering, OH — ZIP Code Boundary Map

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Frequently Asked Questions