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Hilliard, OH—43026

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$384,000
0.7% YoY Growth
Household Income
$110,000
28.3% YoY Growth
Days on Market
24
51.0% Longer YoY
Home Price Forecast
1.2%
Median Rent
$2,170
14.6% YoY Growth
1-Bed Rent
$1,230
115.3% YoY Growth
2-Bed Rent
$1,800
42.9% YoY Growth
3-Bed Rent
$2,400
7.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hilliard, OH

As of May '26, the median home price in Hilliard, OH is $384,000, with a year-over-year change of 0.7%. This indicates that home prices in Hilliard, OH are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$384,0000.7%
Single Family $430,0001.2%
Condos $227,000-1.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$225,000-1.3%
    3 Bed
    		$361,0000.3%
    4 Bed
    		$506,0001.6%
    5 Bed $648,7250.9%
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    % of Housing Stock

    Studio
    3.1%
    1 Bedroom
    8.5%
    2 Bedrooms
    23.1%
    3 Bedrooms
    36.0%
    4 Bedrooms
    26.5%
    5+ Bedrooms
    2.8%

    Rental Trends — Hilliard, OH

    As of July '25, Rentcast reports the average rent in Hilliard, OH is $2,440, with a year-over-year rent change of 14.6%. Per bedroom, the median rent as of July '25 in Hilliard, OH is studios: $1,520, 1-bedrooms: $1,830, 2-bedrooms: $2,430, 3-bedrooms: $2,400, 4-bedrooms: $3,390. The most common rental property sizes in Hilliard, OH are 2-bedroom and 1-bedroom, accounting for 46.6% and 23.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,170$2,440
    Studio Rent $1,520$1,520
    1 Bed Rent $1,230$1,830
    2 Bed Rent $1,800$2,430
    3 Bed Rent $2,400$2,400
    4 Bed Rent $3,500$3,390
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    % of Rental Stock

    Studio
    6.5%
    1 Bedroom
    23.8%
    2 Bedrooms
    46.6%
    3 Bedrooms
    20.5%
    4 Bedrooms
    2.7%

    Property Listings — Hilliard, OH

    As of May '26, Realtor.com reports that the median days on market for a home in Hilliard, OH is 24. This is a increase of 51.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$428,000-7.0%
    Listing Count
    		19711.0%
    Listings as % of Homes0.3%11.0%
    Days on Market
    		2451.0%
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    Demographics — Hilliard, OH

    As of the latest ACS Survey released in 2023, Hilliard, OH has a population of 64,600, which has increased by 4.0% over the past 5 years. Hilliard, OH is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 55.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		64,6004.0%
    % Under 18
    		27.0%-0.4%
    % Seniors
    		9.9%7.6%
    % WFH
    		18.4%318.2%
    % w/ College Degree
    		55.3%7.2%
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    As of the latest ACS Survey released in 2023, Hilliard, OH is a predominantly white area, with 76.3% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Hilliard, OH is asian, making up 6.5% of the population. Foreign-born residents account for 11.0% of the population in Hilliard, OH, and this percentage has increased by 34.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		76.3%-8.0%
    % Black
    		6.3%3.3%
    % Hispanic
    		5.7%54.1%
    % Asian
    		6.5%30.0%
    % Foreign Born
    		11.0%34.1%
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    Mortgage and Risk — Hilliard, OH

    According to HUD data as of 2023, there were 345 mortgage originations in Hilliard, OH, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Hilliard, OH. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		345
    % Conventional Loans
    		93.0%
    % Government Loans
    		7.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		13.0%
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    Rentals and Section 8 — Hilliard, OH

    As of 2024, the percent of homes in Hilliard, OH under the Section 8 program is 3.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Hilliard, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		287
    Total Units Section 8
    		221
    % Rentals under Section 8
    		3.0%
    % Occupied Section 8
    		86.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$140$1,230$1,370
    2 Bedroom-$140$1,800$1,660
    3 Bedroom-$400$2,400$2,000
    4 Bedroom-$1,270$3,500$2,230

    Affordability — Hilliard, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$384,000
    Median Household Income$110,000

    Hilliard, OH — ZIP Code Boundary Map

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    Frequently Asked Questions