Elmore, OH—43416
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elmore, OH
As of Oct '25, the median home price in Elmore, OH is $218,000, with a year-over-year change of 2.8%. This indicates that home prices in Elmore, OH are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | 2.8% |
| Single Family | $218,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $174,000 | 2.4% |
3 Bed | $221,000 | 2.3% |
4 Bed | $268,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elmore, OH
Elmore, 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 — Elmore, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Elmore, OH is 15. This is a increase of 100.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $247,000 | -23.0% |
Listing Count | 4 | 0.0% |
| Listings as % of Homes | 0.6% | 0.0% |
Days on Market | 15 | 100.0% |
Demographics — Elmore, OH
As of the latest ACS Survey released in 2023, Elmore, OH has a population of 2,840, which has decreased by -4.9% over the past 5 years. Elmore, OH is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 36.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,840 | -4.9% |
% Under 18 | 24.3% | 13.0% |
% Seniors | 19.4% | -4.9% |
% WFH | 6.7% | 81.1% |
% w/ College Degree | 36.0% | 47.5% |
As of the latest ACS Survey released in 2023, Elmore, OH is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Elmore, OH is hispanic, making up 11.3% of the population. Foreign-born residents account for 0.1% of the population in Elmore, 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 | 86.2% | -4.1% |
% Black | 0.8% | 0.0% |
% Hispanic | 11.3% | 37.8% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.1% | -80.0% |
Mortgage and Risk — Elmore, OH
According to HUD data as of 2023, there were 121 mortgage originations in Elmore, OH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Elmore, OH. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 121 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Elmore, OH
Elmore, OH lacks sufficient Section 8 program data for analysis.
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 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 | $1,110 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Elmore, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $218,000 |
| Median Household Income | $86,000 |