Russells Point, OH—43348
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Russells Point, OH
As of Oct '25, the median home price in Russells Point, OH is $195,000, with a year-over-year change of -0.2%. This indicates that home prices in Russells Point, OH are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | -0.2% |
| Single Family | $165,000 | -1.8% |
| Condos | $240,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $191,000 | -0.5% |
3 Bed | $236,000 | 0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Russells Point, OH
Russells Point, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Russells Point, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Russells Point, OH is 79. This is a increase of 135.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | 8.0% |
Listing Count | 34 | 130.0% |
| Listings as % of Homes | 0.7% | 130.0% |
Days on Market | 79 | 135.0% |
Demographics — Russells Point, OH
As of the latest ACS Survey released in 2023, Russells Point, OH has a population of 1,860, which has increased by 7.4% over the past 5 years. Russells Point, OH is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,860 | 7.4% |
% Under 18 | 23.3% | 18.9% |
% Seniors | 26.2% | 20.2% |
% WFH | 1.3% | -62.9% |
% w/ College Degree | 18.4% | 16.5% |
As of the latest ACS Survey released in 2023, Russells Point, OH is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Russells Point, OH is black, making up 3.2% of the population. Foreign-born residents account for 0.7% of the population in Russells Point, OH, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.7% | -0.8% |
% Black | 3.2% | 1,500.0% |
% Hispanic | 2.1% | ∞% |
% Asian | 0.1% | -97.4% |
% Foreign Born | 0.7% | -80.0% |
Mortgage and Risk — Russells Point, OH
According to HUD data as of 2023, there were 56 mortgage originations in Russells Point, OH, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Russells Point, OH. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 56 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 7.0% |
% Second Loans | 23.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Russells Point, OH
Russells Point, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 116 |
Total Units Section 8 | 114 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Russells Point, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $195,000 |
| Median Household Income | $50,700 |