Ostrander, OH43061

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$494,000
3.0% YoY Growth
Median Household Income
$146,000
54.4% 5-Year Growth
Days on Market
47
73.0% Longer than last year
Home Price Forecast
1.5%
Median Rent
$1,250
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,250
N/A
3-Bed Rent
$3,000
N/A

Property Listings — Ostrander, OH

As of Aug '25 and according to Realtor.com, the median days on market for a home in Ostrander, OH is 47. This is an increase of 73.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$518,00010.0%
Listing Count
12N/A
Listings as % of Homes0.4%N/A
Days on Market
4773.0%
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Demographics — Ostrander, OH

MetricLatest CensusYoY % Change
Population
5,20021.5%
% Under 18
26.6%23.1%
% Under 5N/AN/A
% Seniors
14.0%-16.2%
% WFH
26.7%270.8%
% w/ College Degree
45.4%23.4%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.2%-2.0%
% Black
0.2%-77.8%
% Hispanic
4.3%10.3%
% Asian
0.0%N/A
% Foreign Born
0.2%-81.8%
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Mortgage and Risk — Ostrander, OH

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Ostrander, OH in that year was 182. 89.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 53.0%. Of those, 16.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Ostrander, OH. Investor activity in Ostrander, OH is low, as 0.0% of all loans are originated by investors. In 2023, 13.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
182N/AN/A
% Conventional Loans
89.0%N/AN/A
% Government Loans
11.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
13.0%N/AN/A
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Rentals and Section 8 — Ostrander, OH

As of 2024, the percent of homes in Ostrander, OH under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$960
2 Bedroom-$70$1,250$1,180
3 Bedroom-$1,580$3,000$1,420
4 BedroomN/AN/A$1,580

Affordability — Ostrander, OH

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.1N/AN/A
Median Home Price$494,000N/AN/A
Median Household Income$146,000N/AN/A

Ostrander, OH — ZIP Code Boundary Map

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