McDermott, OH—45652
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — McDermott, OH
As of Oct '25, the median home price in McDermott, OH is $157,000, with a year-over-year change of 3.9%. This indicates that home prices in McDermott, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $157,000 | 3.9% |
| Single Family | $157,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $114,000 | 5.6% |
3 Bed | $187,000 | 5.6% |
4 Bed | $244,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — McDermott, OH
McDermott, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — McDermott, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in McDermott, OH is 104. This is a increase of 95.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | 37.0% |
Listing Count | 6 | -28.0% |
| Listings as % of Homes | 0.3% | -28.0% |
Days on Market | 104 | 95.0% |
Demographics — McDermott, OH
As of the latest ACS Survey released in 2023, McDermott, OH has a population of 3,150, which has decreased by -23.6% over the past 5 years. McDermott, OH is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,150 | -23.6% |
% Under 18 | 21.4% | -37.8% |
% Seniors | 25.7% | 91.8% |
% WFH | 9.7% | 646.2% |
% w/ College Degree | 13.3% | -4.3% |
As of the latest ACS Survey released in 2023, McDermott, OH is a predominantly white area, with 97.6% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in McDermott, OH is black, making up 0.1% of the population. Foreign-born residents account for 0.3% of the population in McDermott, OH, and this percentage has decreased by 62.5% 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 | 97.6% | -1.0% |
% Black | 0.1% | 0.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -62.5% |
Mortgage and Risk — McDermott, OH
According to HUD data as of 2023, there were 74 mortgage originations in McDermott, OH, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in McDermott, OH. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — McDermott, OH
McDermott, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — McDermott, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $157,000 |
| Median Household Income | $44,300 |