Wauseon, OH43567

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$223,000
5.1% YoY Growth
Median Household Income
$74,400
29.1% 5-Year Growth
Days on Market
50
71.0% Longer than last year
Home Price Forecast
0.8%
Median Rent
$1,500
3.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,500
3.8% YoY Growth

Property Listings — Wauseon, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Wauseon, OH is 50. 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 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$262,00020.0%
Listing Count
4133.0%
Listings as % of Homes0.5%33.0%
Days on Market
5071.0%
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Demographics — Wauseon, OH

As of the latest ACS Survey released in 2023, Wauseon, OH has a population of 12,900, which has decreased by -2.8% over the past 5 years. Wauseon, OH is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,900-2.8%
% Under 18
26.8%18.1%
% Seniors
18.3%5.2%
% WFH
2.3%155.6%
% w/ College Degree
18.7%5.6%
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As of the latest ACS Survey released in 2023, Wauseon, OH is a predominantly white area, with 85.5% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Wauseon, OH is hispanic, making up 11.0% of the population. Foreign-born residents account for 1.6% of the population in Wauseon, OH, and this percentage has decreased by 44.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.5%1.9%
% Black
0.3%50.0%
% Hispanic
11.0%-19.1%
% Asian
1.1%37.5%
% Foreign Born
1.6%-44.8%
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Mortgage and Risk — Wauseon, OH

According to HUD data as of 2023, there were 226 mortgage originations in Wauseon, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Wauseon, OH. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
226
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
0.0%
% Second Loans
1.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Wauseon, OH

Wauseon, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
38
Total Units Section 8
29
% Rentals under Section 8
2.5%
% Occupied Section 8
76.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 BedroomN/AN/A$990
3 Bedroom-$210$1,500$1,290
4 BedroomN/AN/A$1,350

Affordability — Wauseon, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$223,000
Median Household Income$74,400

Wauseon, OH — ZIP Code Boundary Map

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Frequently Asked Questions