Wellston, OH—45692
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wellston, OH
As of Oct '25, the median home price in Wellston, OH is $115,000, with a year-over-year change of -2.2%. This indicates that home prices in Wellston, OH are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $115,000 | -2.2% |
| Single Family | $114,000 | -2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $77,000 | -9.4% |
2 Bed | $109,000 | -1.8% |
3 Bed | $150,000 | -0.7% |
4 Bed | $183,000 | -1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wellston, OH
As of July '25, Rentcast reports the average rent in Wellston, OH is $757, with a year-over-year rent change of -24.3%. Per bedroom, the median rent as of July '25 in Wellston, OH is 1-bedrooms: $620, 2-bedrooms: $750, 3-bedrooms: $900. The most common rental property sizes in Wellston, OH are 2-bedroom and 3-bedroom, accounting for 44.3% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $757 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $620 | $620 |
| 2 Bed Rent | $750 | $750 |
| 3 Bed Rent | $900 | $900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wellston, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Wellston, OH is 61. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $272,000 | 20.0% |
Listing Count | 25 | -22.0% |
| Listings as % of Homes | 0.6% | -22.0% |
Days on Market | 61 | -30.0% |
Demographics — Wellston, OH
As of the latest ACS Survey released in 2023, Wellston, OH has a population of 7,700, which has decreased by -11.8% over the past 5 years. Wellston, OH is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,700 | -11.8% |
% Under 18 | 23.2% | -21.4% |
% Seniors | 19.3% | 12.9% |
% WFH | 2.1% | 0.0% |
% w/ College Degree | 10.9% | -10.7% |
As of the latest ACS Survey released in 2023, Wellston, OH is a predominantly white area, with 97.9% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Wellston, OH is black, making up 0.1% of the population. Foreign-born residents account for 0.0% of the population in Wellston, OH, and this percentage has decreased by 100.0% 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 | 97.9% | -0.2% |
% Black | 0.1% | 0.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Wellston, OH
According to HUD data as of 2023, there were 127 mortgage originations in Wellston, OH, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Wellston, OH. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 127 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Wellston, OH
Wellston, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 302 |
Total Units Section 8 | 192 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 75.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $620 | $710 |
| 2 Bedroom | $130 | $750 | $880 |
| 3 Bedroom | $310 | $900 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Wellston, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $115,000 |
| Median Household Income | $52,400 |