Patterson, OH—45843
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Patterson, OH
Patterson, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 4.8% |
| Single Family | $189,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $151,000 | 2.7% |
3 Bed | $201,000 | 6.3% |
4 Bed | $228,000 | 8.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Patterson, OH
Patterson, 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 — Patterson, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Patterson, OH is 53. This is a increase of 23.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $175,000 | -9.0% |
Listing Count | 10 | -6.0% |
| Listings as % of Homes | 0.5% | -6.0% |
Days on Market | 53 | 23.0% |
Demographics — Patterson, OH
As of the latest ACS Survey released in 2023, Patterson, OH has a population of 3,910, which has decreased by -5.1% over the past 5 years. Patterson, 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 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,910 | -5.1% |
% Under 18 | 21.4% | -27.5% |
% Seniors | 15.6% | -9.8% |
% WFH | 5.4% | 50.0% |
% w/ College Degree | 14.1% | 0.7% |
As of the latest ACS Survey released in 2023, Patterson, OH is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Patterson, OH is black, making up 2.0% of the population. Foreign-born residents account for 0.9% of the population in Patterson, OH, and this percentage has increased by Inf% 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 | 95.3% | -2.0% |
% Black | 2.0% | ∞% |
% Hispanic | 0.7% | -61.1% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.9% | ∞% |
Mortgage and Risk — Patterson, OH
According to HUD data as of 2023, there were 44 mortgage originations in Patterson, OH, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Patterson, 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 | 44 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Patterson, OH
Patterson, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $750 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Patterson, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $188,000 |
| Median Household Income | $68,400 |