Hilliard, OH—43026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hilliard, OH
As of Nov '25, the median home price in Hilliard, OH is $370,000, with a year-over-year change of 2.3%. This indicates that home prices in Hilliard, OH are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $370,000 | 2.3% |
| Single Family | $414,000 | 2.5% |
| Condos | $224,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $222,000 | -0.9% |
3 Bed | $348,000 | 1.8% |
4 Bed | $487,000 | 2.7% |
| 5 Bed | $625,813 | 1.6% |
% of Housing Stock
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.
| Type | Median Rent | Average 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 |
% of Rental Stock
Property Listings — Hilliard, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Hilliard, OH is 44. This is a increase of 62.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | 11.0% |
Listing Count | 193 | 36.0% |
| Listings as % of Homes | 0.3% | 36.0% |
Days on Market | 44 | 62.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 64,600 | 4.0% |
% Under 18 | 27.0% | -0.4% |
% Seniors | 9.9% | 7.6% |
% WFH | 18.4% | 318.2% |
% w/ College Degree | 55.3% | 7.2% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $370,000 |
| Median Household Income | $110,000 |