Waterville, OH—43566
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterville, OH
As of Nov '25, the median home price in Waterville, OH is $328,000, with a year-over-year change of 5.0%. This indicates that home prices in Waterville, OH are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | 5.0% |
| Single Family | $346,000 | 5.2% |
| Condos | $261,000 | 7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $233,000 | 7.9% |
3 Bed | $305,000 | 5.5% |
4 Bed | $418,000 | 5.3% |
| 5 Bed | $453,287 | 4.4% |
% of Housing Stock
Rental Trends — Waterville, OH
As of July '25, Rentcast reports the average rent in Waterville, OH is $1,430, with a year-over-year rent change of -18.3%. Per bedroom, the median rent as of July '25 in Waterville, OH is 1-bedrooms: $950, 2-bedrooms: $1,400, 3-bedrooms: $1,980. The most common rental property sizes in Waterville, OH are 2-bedroom and 1-bedroom, accounting for 73.3% and 12.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $1,100 | $1,400 |
| 3 Bed Rent | $1,980 | $1,980 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waterville, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Waterville, OH is 43. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $455,000 | 9.0% |
Listing Count | 34 | 0.0% |
| Listings as % of Homes | 0.8% | 0.0% |
Days on Market | 43 | -20.0% |
Demographics — Waterville, OH
As of the latest ACS Survey released in 2023, Waterville, OH has a population of 8,350, which has increased by 5.3% over the past 5 years. Waterville, OH is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 45.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,350 | 5.3% |
% Under 18 | 25.5% | 5.8% |
% Seniors | 21.4% | 10.3% |
% WFH | 13.7% | 226.2% |
% w/ College Degree | 45.6% | -5.2% |
As of the latest ACS Survey released in 2023, Waterville, OH is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Waterville, OH is hispanic, making up 6.2% of the population. Foreign-born residents account for 2.8% of the population in Waterville, OH, and this percentage has decreased by 39.1% 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 | 87.2% | -2.4% |
% Black | 0.9% | -52.6% |
% Hispanic | 6.2% | 148.0% |
% Asian | 1.0% | -67.7% |
% Foreign Born | 2.8% | -39.1% |
Mortgage and Risk — Waterville, OH
According to HUD data as of 2023, there were 145 mortgage originations in Waterville, OH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Waterville, OH. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 145 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Waterville, OH
Waterville, 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 | $160 | $950 | $1,110 |
| 2 Bedroom | $360 | $1,100 | $1,460 |
| 3 Bedroom | -$80 | $1,980 | $1,900 |
| 4 Bedroom | N/A | N/A | $1,990 |
Affordability — Waterville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $328,000 |
| Median Household Income | $108,000 |