Fort Loramie, OH45845

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$322,000
10.8% YoY Growth
Median Household Income
$91,700
34.2% 5-Year Growth
Days on Market
193
67.0% Longer than last year
Home Price Forecast
2.5%
Median Rent
$699
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$699
N/A
3-Bed Rent
$1,580
N/A

Property Listings — Fort Loramie, OH

Fort Loramie, OH lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$180,000-39.0%
Listing Count
0-67.0%
Listings as % of Homes0.2%-67.0%
Days on Market
19367.0%
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Demographics — Fort Loramie, OH

As of the latest ACS Survey released in 2023, Fort Loramie, OH has a population of 3,390, which has increased by 17.9% over the past 5 years. Fort Loramie, OH is a popular place for families, as children make up 30.6% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,39017.9%
% Under 18
30.6%26.4%
% Seniors
17.2%1.8%
% WFH
9.0%114.3%
% w/ College Degree
31.3%29.3%
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As of the latest ACS Survey released in 2023, Fort Loramie, OH is a predominantly white area, with 98.6% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Fort Loramie, OH is hispanic, making up 0.1% of the population. Foreign-born residents account for 0.0% of the population in Fort Loramie, 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

MetricLatest Census5-Year % Change
% White
98.6%-0.6%
% Black
0.0%N/A
% Hispanic
0.1%-85.7%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Fort Loramie, OH

According to HUD data as of 2023, there were 50 mortgage originations in Fort Loramie, OH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Fort Loramie, OH. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
50
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
4.0%
% Second Loans
2.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Fort Loramie, OH

Fort Loramie, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$670
2 Bedroom$181$699$880
3 Bedroom-$390$1,580$1,190
4 BedroomN/AN/A$1,320

Affordability — Fort Loramie, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$322,000
Median Household Income$91,700

Fort Loramie, OH — ZIP Code Boundary Map

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Frequently Asked Questions