Conneaut, OH—44030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Conneaut, OH
As of Oct '25, the median home price in Conneaut, OH is $147,000, with a year-over-year change of 4.5%. This indicates that home prices in Conneaut, OH are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | 4.5% |
| Single Family | $146,000 | 5.0% |
| Condos | $173,000 | 10.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $92,000 | 1.1% |
2 Bed | $134,000 | 4.7% |
3 Bed | $158,000 | 5.3% |
4 Bed | $176,000 | 5.4% |
| 5 Bed | $223,000 | 5.7% |
% of Housing Stock
Rental Trends — Conneaut, OH
As of July '25, Rentcast reports the average rent in Conneaut, OH is $795, with a year-over-year rent change of -33.8%. Per bedroom, the median rent as of July '25 in Conneaut, OH is 1-bedrooms: $795. The most common rental property sizes in Conneaut, OH are 2-bedroom and 3-bedroom, accounting for 39.3% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $795 | $795 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $795 |
| 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 — Conneaut, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Conneaut, OH is 63. This is a increase of 14.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $213,000 | 16.0% |
Listing Count | 58 | 9.0% |
| Listings as % of Homes | 0.5% | 9.0% |
Days on Market | 63 | 14.0% |
Demographics — Conneaut, OH
As of the latest ACS Survey released in 2023, Conneaut, OH has a population of 16,300, which has increased by 2.3% over the past 5 years. Conneaut, OH is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,300 | 2.3% |
% Under 18 | 19.3% | 6.0% |
% Seniors | 17.9% | -0.6% |
% WFH | 5.0% | 108.3% |
% w/ College Degree | 17.1% | 16.3% |
As of the latest ACS Survey released in 2023, Conneaut, OH is a predominantly white area, with 87.9% 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 Conneaut, OH is black, making up 6.4% of the population. Foreign-born residents account for 1.1% of the population in Conneaut, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.9% | -0.8% |
% Black | 6.4% | -3.0% |
% Hispanic | 2.2% | -29.0% |
% Asian | 0.6% | 50.0% |
% Foreign Born | 1.1% | 0.0% |
Mortgage and Risk — Conneaut, OH
According to HUD data as of 2023, there were 256 mortgage originations in Conneaut, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Conneaut, OH. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 256 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Conneaut, OH
Conneaut, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 274 |
Total Units Section 8 | 235 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$75 | $795 | $720 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,080 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Conneaut, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $147,000 |
| Median Household Income | $57,300 |