Van Wert, OH 45891 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Van Wert, OH—45891

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$179,000

7.1% YoY Growth

Household Income

$62,900

31.4% YoY Growth

Days on Market

23.0% Shorter YoY

Home Price Forecast

4.7%

Median Rent

$1,200

76.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$744

N/A

3-Bed Rent

$1,600

N/A

Home Price Trends — Van Wert, OH

As of Dec '25, the median home price in Van Wert, OH is $179,000, with a year-over-year change of 7.1%. This indicates that home prices in Van Wert, OH are increasing. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$179,000	7.1%
Single Family	$178,000	7.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Van Wert, OH

As of July '25, Rentcast reports the average rent in Van Wert, OH is $1,130, with a year-over-year rent change of 76.0%. Per bedroom, the median rent as of July '25 in Van Wert, OH is studios: $450, 2-bedrooms: $972, 3-bedrooms: $1,620. The most common rental property sizes in Van Wert, OH are 2-bedroom and 3-bedroom, accounting for 31.5% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,130
Studio Rent	$450	$450
1 Bed Rent	N/A	N/A
2 Bed Rent	$744	$972
3 Bed Rent	$1,600	$1,620
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

9.0%

1 Bedroom

20.2%

2 Bedrooms

31.5%

3 Bedrooms

31.1%

4 Bedrooms

5.2%

5+ Bedrooms

3.0%

Property Listings — Van Wert, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Van Wert, OH is 54. This is a decrease of -7.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$187,000	-17.0%
Listing Count	44	5.0%
Listings as % of Homes	0.5%	5.0%
Days on Market	53	-23.0%

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Demographics — Van Wert, OH

As of the latest ACS Survey released in 2023, Van Wert, OH has a population of 15,500, which has increased by 4.1% over the past 5 years. Van Wert, 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 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,500	4.1%
% Under 18	23.2%	-1.3%
% Seniors	19.4%	-4.9%
% WFH	3.3%	120.0%
% w/ College Degree	18.6%	8.1%

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As of the latest ACS Survey released in 2023, Van Wert, OH is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Van Wert, OH is hispanic, making up 4.2% of the population. Foreign-born residents account for 1.1% of the population in Van Wert, OH, and this percentage has increased by 120.0% 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	91.5%	-1.2%
% Black	0.7%	-61.1%
% Hispanic	4.2%	0.0%
% Asian	0.5%	0.0%
% Foreign Born	1.1%	120.0%

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Mortgage and Risk — Van Wert, OH

According to HUD data as of 2023, there were 192 mortgage originations in Van Wert, OH, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Van Wert, OH. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	192
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Van Wert, OH

Van Wert, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	78
Total Units Section 8	78
% Rentals under Section 8	N/A
% Occupied Section 8	93.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$670
2 Bedroom	$136	$744	$880
3 Bedroom	-$510	$1,600	$1,090
4 Bedroom	N/A	N/A	$1,200

Van Wert, OH—45891

Key Metrics at a Glance

Home Price Trends — Van Wert, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Van Wert, OH

% of Rental Stock

Property Listings — Van Wert, OH

Demographics — Van Wert, OH

Race and Ethnicity

Mortgage and Risk — Van Wert, OH

Mortgages

Rentals and Section 8 — Van Wert, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Van Wert, OH

Home Price to Income Ratio

Van Wert, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Scott, OH

Middle Point, OH

Ohio City, OH

Venedocia, OH

Convoy, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$179,000
Median Household Income	$62,900

Van Wert, OH—45891

Key Metrics at a Glance

Home Price Trends — Van Wert, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Van Wert, OH

% of Rental Stock

Property Listings — Van Wert, OH

Demographics — Van Wert, OH

Race and Ethnicity

Mortgage and Risk — Van Wert, OH

Mortgages

Rentals and Section 8 — Van Wert, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Van Wert, OH

Home Price to Income Ratio

Van Wert, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Scott, OH

Middle Point, OH

Ohio City, OH

Venedocia, OH

Convoy, OH

Frequently Asked Questions

What is the average home price in Van Wert, OH 45891?

How have home prices in Van Wert, OH 45891 changed over the past year?

What is the home price projection for Van Wert, OH 45891?

What are the demographics of Van Wert, OH 45891?

How long does it take homes to sell in Van Wert, OH 45891?

What is the average rent price in Van Wert, OH 45891?