Urbana, OH—43078
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Urbana, OH
As of Oct '25, the median home price in Urbana, OH is $229,000, with a year-over-year change of 2.9%. This indicates that home prices in Urbana, OH are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $229,000 | 2.9% |
| Single Family | $231,000 | 3.1% |
| Condos | $203,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $119,000 | 2.6% |
2 Bed | $180,000 | 2.9% |
3 Bed | $243,000 | 3.8% |
4 Bed | $308,000 | 4.8% |
| 5 Bed | $369,000 | 6.6% |
% of Housing Stock
Rental Trends — Urbana, OH
As of July '25, Rentcast reports the average rent in Urbana, OH is $1,300, with a year-over-year rent change of 63.3%. Per bedroom, the median rent as of July '25 in Urbana, OH is studios: $1,240, 1-bedrooms: $977, 2-bedrooms: $1,250, 3-bedrooms: $1,740, 4-bedrooms: $1,600. The most common rental property sizes in Urbana, OH are 2-bedroom and 3-bedroom, accounting for 40.2% and 35.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,300 |
| Studio Rent | $950 | $1,240 |
| 1 Bed Rent | $1,120 | $977 |
| 2 Bed Rent | $1,100 | $1,250 |
| 3 Bed Rent | $1,550 | $1,740 |
| 4 Bed Rent | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Urbana, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Urbana, OH is 44. This is a increase of 71.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $259,000 | 4.0% |
Listing Count | 53 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 44 | 71.0% |
Demographics — Urbana, OH
As of the latest ACS Survey released in 2023, Urbana, OH has a population of 20,000, which has decreased by -2.3% over the past 5 years. Urbana, OH is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,000 | -2.3% |
% Under 18 | 21.1% | -7.5% |
% Seniors | 20.8% | 10.6% |
% WFH | 7.3% | 143.3% |
% w/ College Degree | 22.4% | 49.3% |
As of the latest ACS Survey released in 2023, Urbana, OH is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Urbana, OH is black, making up 2.7% of the population. Foreign-born residents account for 1.1% of the population in Urbana, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.5% | -1.9% |
% Black | 2.7% | -3.6% |
% Hispanic | 1.4% | -39.1% |
% Asian | 0.6% | 50.0% |
% Foreign Born | 1.1% | 0.0% |
Mortgage and Risk — Urbana, OH
According to HUD data as of 2023, there were 413 mortgage originations in Urbana, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Urbana, OH. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 413 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Urbana, OH
As of 2024, the percent of homes in Urbana, OH under the Section 8 program is 11.2%. 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. In Urbana, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 239 |
Total Units Section 8 | 239 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 83.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$410 | $1,120 | $710 |
| 2 Bedroom | -$210 | $1,100 | $890 |
| 3 Bedroom | -$380 | $1,550 | $1,170 |
| 4 Bedroom | -$360 | $1,600 | $1,240 |
Affordability — Urbana, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $229,000 |
| Median Household Income | $72,500 |