Thornville, OH—43076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thornville, OH
As of Oct '25, the median home price in Thornville, OH is $343,000, with a year-over-year change of -0.5%. This indicates that home prices in Thornville, OH are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $343,000 | -0.5% |
| Single Family | $339,000 | 0.0% |
| Condos | $576,000 | 8.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $205,000 | -0.5% |
2 Bed | $272,000 | -0.4% |
3 Bed | $368,000 | 0.5% |
4 Bed | $464,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Thornville, OH
As of July '25, Rentcast reports the average rent in Thornville, OH is $2,010, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Thornville, OH is 2-bedrooms: $2,010. The most common rental property sizes in Thornville, OH are 3-bedroom and 2-bedroom, accounting for 49.8% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,500 | $2,010 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Thornville, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Thornville, OH is 69. 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | 2.0% |
Listing Count | 56 | 24.0% |
| Listings as % of Homes | 0.4% | 24.0% |
Days on Market | 69 | 51.0% |
Demographics — Thornville, OH
As of the latest ACS Survey released in 2023, Thornville, OH has a population of 8,800, which has increased by 4.6% over the past 5 years. Thornville, OH is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,800 | 4.6% |
% Under 18 | 19.3% | -2.5% |
% Seniors | 24.5% | 7.5% |
% WFH | 12.6% | 600.0% |
% w/ College Degree | 28.2% | 21.6% |
As of the latest ACS Survey released in 2023, Thornville, OH is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Thornville, OH is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.5% of the population in Thornville, OH, and this percentage has increased by 150.0% 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 | 94.0% | -2.8% |
% Black | 0.5% | 66.7% |
% Hispanic | 2.5% | 150.0% |
% Asian | 0.3% | -40.0% |
% Foreign Born | 1.5% | 150.0% |
Mortgage and Risk — Thornville, OH
According to HUD data as of 2023, there were 226 mortgage originations in Thornville, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Thornville, OH. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 226 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Thornville, OH
Thornville, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | -$1,300 | $2,500 | $1,200 |
| 3 Bedroom | N/A | N/A | $1,450 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Thornville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $343,000 |
| Median Household Income | $84,100 |