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Northwood, OH—43619

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$188,000
0.6% YoY Growth
Household Income
$75,900
17.3% YoY Growth
Days on Market
65
15.0% Shorter YoY
Home Price Forecast
1.1%
Median Rent
$798
29.8% YoY Growth
1-Bed Rent
$798
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Northwood, OH

As of May '26, the median home price in Northwood, OH is $188,000, with a year-over-year change of -0.6%. This indicates that home prices in Northwood, OH are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$188,000-0.6%
Single Family $189,0000.5%
Condos $133,0006.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$137,0004.6%
    3 Bed
    		$225,0003.2%
    4 Bed
    		$288,0002.5%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    5.5%
    2 Bedrooms
    23.1%
    3 Bedrooms
    48.5%
    4 Bedrooms
    19.8%
    5+ Bedrooms
    3.1%

    Rental Trends — Northwood, OH

    As of July '25, Rentcast reports the average rent in Northwood, OH is $842, with a year-over-year rent change of -29.8%. Per bedroom, the median rent as of July '25 in Northwood, OH is 1-bedrooms: $842. The most common rental property sizes in Northwood, OH are 2-bedroom and 1-bedroom, accounting for 43.6% and 25.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$798$842
    Studio Rent N/AN/A
    1 Bed Rent $798$842
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    25.7%
    2 Bedrooms
    43.6%
    3 Bedrooms
    18.7%
    4 Bedrooms
    11.9%

    Property Listings — Northwood, OH

    As of May '26, Realtor.com reports that the median days on market for a home in Northwood, OH is 65. This is a decrease of -15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$269,000-1.0%
    Listing Count
    		29-24.0%
    Listings as % of Homes0.6%-24.0%
    Days on Market
    		65-15.0%
    Loading chart...

    Demographics — Northwood, OH

    As of the latest ACS Survey released in 2023, Northwood, OH has a population of 7,150, which has decreased by -2.0% over the past 5 years. Northwood, OH is a moderately popular place for families, as children make up 22.0% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,150-2.0%
    % Under 18
    		22.0%2.3%
    % Seniors
    		17.8%29.0%
    % WFH
    		4.3%616.7%
    % w/ College Degree
    		30.0%46.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Northwood, OH is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Northwood, OH is hispanic, making up 7.0% of the population. Foreign-born residents account for 1.9% of the population in Northwood, OH, and this percentage has increased by 850.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.7%-3.7%
    % Black
    		0.3%200.0%
    % Hispanic
    		7.0%-27.1%
    % Asian
    		1.5%275.0%
    % Foreign Born
    		1.9%850.0%
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    Mortgage and Risk — Northwood, OH

    According to HUD data as of 2023, there were 225 mortgage originations in Northwood, OH, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Northwood, OH. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		225
    % Conventional Loans
    		79.0%
    % Government Loans
    		21.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		11.0%
    Loading chart...
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    Rentals and Section 8 — Northwood, OH

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

    Section 8 Market Size

    Total Units under HUD
    		50
    Total Units Section 8
    		40
    % Rentals under Section 8
    		6.1%
    % Occupied Section 8
    		80.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$28$798$770
    2 BedroomN/AN/A$1,010
    3 BedroomN/AN/A$1,310
    4 BedroomN/AN/A$1,380

    Affordability — Northwood, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.4
    Median Home Price$188,000
    Median Household Income$75,900

    Northwood, OH — ZIP Code Boundary Map

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    Frequently Asked Questions