Farmdale, OH—44417
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Farmdale, OH
As of Oct '25, the median home price in Farmdale, OH is $230,000, with a year-over-year change of 2.1%. This indicates that home prices in Farmdale, OH are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $230,000 | 2.1% |
| Single Family | $230,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $237,000 | 4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Farmdale, OH
Farmdale, 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 — Farmdale, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Farmdale, OH is 78. This is a decrease of -30.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $213,000 | -7.0% |
Listing Count | 3 | 10.0% |
| Listings as % of Homes | 0.3% | 10.0% |
Days on Market | 78 | -30.0% |
Demographics — Farmdale, OH
As of the latest ACS Survey released in 2023, Farmdale, OH has a population of 1,420, which has decreased by -18.0% over the past 5 years. Farmdale, OH is a less popular place for families, as children make up 14.1% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,420 | -18.0% |
% Under 18 | 14.1% | -46.6% |
% Seniors | 42.8% | 224.2% |
% WFH | 6.6% | 312.5% |
% w/ College Degree | 12.8% | -46.7% |
As of the latest ACS Survey released in 2023, Farmdale, OH is a predominantly white area, with 97.6% of the population identifying as white. The white population has grown by 13.1% in the last 5 years. The second most common race or ethnicity in Farmdale, OH is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Farmdale, OH, and this percentage has decreased by 100.0% 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 | 97.6% | 13.1% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Farmdale, OH
According to HUD data as of 2023, there were 49 mortgage originations in Farmdale, OH, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Farmdale, OH. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Farmdale, OH
Farmdale, 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 | $710 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Farmdale, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $230,000 |
| Median Household Income | $57,000 |