Warren, OH—44483
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warren, OH
As of Oct '25, the median home price in Warren, OH is $132,000, with a year-over-year change of 5.5%. This indicates that home prices in Warren, OH are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $132,000 | 5.5% |
| Single Family | $130,000 | 5.7% |
| Condos | $167,000 | 8.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $100,000 | 5.3% |
3 Bed | $142,000 | 6.8% |
4 Bed | $162,000 | 6.6% |
| 5 Bed | $190,000 | 5.6% |
% of Housing Stock
Rental Trends — Warren, OH
As of July '25, Rentcast reports the average rent in Warren, OH is $872, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Warren, OH is 1-bedrooms: $724, 2-bedrooms: $858, 3-bedrooms: $1,020, 4-bedrooms: $1,300. The most common rental property sizes in Warren, OH are 3-bedroom and 2-bedroom, accounting for 37.1% and 36.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $872 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $735 | $724 |
| 2 Bed Rent | $850 | $858 |
| 3 Bed Rent | $995 | $1,020 |
| 4 Bed Rent | $1,300 | $1,300 |
% of Rental Stock
Property Listings — Warren, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Warren, OH is 38. This is a increase of 24.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $154,000 | 9.0% |
Listing Count | 76 | -11.0% |
| Listings as % of Homes | 0.5% | -11.0% |
Days on Market | 38 | 24.0% |
Demographics — Warren, OH
As of the latest ACS Survey released in 2023, Warren, OH has a population of 25,600, which has increased by 3.1% over the past 5 years. Warren, OH is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 17.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,600 | 3.1% |
% Under 18 | 20.7% | -6.8% |
% Seniors | 21.8% | 4.3% |
% WFH | 7.6% | 153.3% |
% w/ College Degree | 17.3% | -1.7% |
As of the latest ACS Survey released in 2023, Warren, OH is a predominantly white area, with 76.5% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Warren, OH is black, making up 14.3% of the population. Foreign-born residents account for 1.7% of the population in Warren, 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 | 76.5% | -10.5% |
% Black | 14.3% | 37.5% |
% Hispanic | 3.9% | 129.4% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 1.7% | 0.0% |
Mortgage and Risk — Warren, OH
According to HUD data as of 2023, there were 501 mortgage originations in Warren, OH, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Warren, OH. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 501 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Warren, OH
As of 2024, the percent of homes in Warren, OH under the Section 8 program is 17.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Warren, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 813 |
Total Units Section 8 | 661 |
% Rentals under Section 8 | 17.0% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $735 | $750 |
| 2 Bedroom | $90 | $850 | $940 |
| 3 Bedroom | $235 | $995 | $1,230 |
| 4 Bedroom | $10 | $1,300 | $1,310 |
Affordability — Warren, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $132,000 |
| Median Household Income | $47,600 |