Leetonia, OH—44431
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Leetonia, OH
As of Nov '25, the median home price in Leetonia, OH is $173,000, with a year-over-year change of 2.1%. This indicates that home prices in Leetonia, OH are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $173,000 | 2.1% |
| Single Family | $173,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $134,000 | 3.1% |
3 Bed | $191,000 | 2.7% |
4 Bed | $232,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Leetonia, OH
Leetonia, 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 — Leetonia, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Leetonia, OH is 70. This is a increase of 13.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | 119.0% |
Listing Count | 13 | 31.0% |
| Listings as % of Homes | 0.2% | 31.0% |
Days on Market | 70 | 13.0% |
Demographics — Leetonia, OH
As of the latest ACS Survey released in 2023, Leetonia, OH has a population of 4,610, which has increased by 2.1% over the past 5 years. Leetonia, OH is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,610 | 2.1% |
% Under 18 | 22.7% | 15.8% |
% Seniors | 25.0% | 23.8% |
% WFH | 9.9% | 147.5% |
% w/ College Degree | 16.9% | 16.6% |
As of the latest ACS Survey released in 2023, Leetonia, OH is a predominantly white area, with 96.9% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Leetonia, OH is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.8% of the population in Leetonia, 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 | 96.9% | -1.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.6% | 220.0% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 0.8% | 0.0% |
Mortgage and Risk — Leetonia, OH
According to HUD data as of 2023, there were 150 mortgage originations in Leetonia, OH, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Leetonia, OH. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 150 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Rentals and Section 8 — Leetonia, OH
Leetonia, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% 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 | $770 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Leetonia, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $173,000 |
| Median Household Income | $64,900 |