Dennison, OH44621

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$147,000
5.3% YoY Growth
Median Household Income
$55,000
22.9% 5-Year Growth
Days on Market
16
18.0% Longer than last year
Home Price Forecast
1.5%
Median Rent
$1,050
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,050
N/A

Property Listings — Dennison, OH

As of Aug '25 and according to Realtor.com, the median days on market for a home in Dennison, OH is 16. This is an increase of 18.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$120,000-24.0%
Listing Count
7N/A
Listings as % of Homes0.4%N/A
Days on Market
1618.0%
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Demographics — Dennison, OH

MetricLatest CensusYoY % Change
Population
4,6403.6%
% Under 18
26.7%2.7%
% Under 5N/AN/A
% Seniors
16.3%-1.2%
% WFH
8.9%30.9%
% w/ College Degree
12.6%55.6%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.7%-3.3%
% Black
1.9%216.7%
% Hispanic
1.3%333.3%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Dennison, OH

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Dennison, OH in that year was 49. 51.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 80.0%. Of those, 57.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Dennison, OH. Investor activity in Dennison, OH is low, as 0.0% of all loans are originated by investors. In 2023, 8.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
49N/AN/A
% Conventional Loans
51.0%N/AN/A
% Government Loans
49.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
8.0%N/AN/A
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Rentals and Section 8 — Dennison, OH

As of 2024, the percent of homes in Dennison, OH under the Section 8 program is 5.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
36
Total Units Section 8
36
% Rentals under Section 8
5.7%
% Occupied Section 8
90.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$700
2 BedroomN/AN/A$910
3 Bedroom$120$1,050$1,170
4 BedroomN/AN/A$1,310

Affordability — Dennison, OH

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.4N/AN/A
Median Home Price$147,000N/AN/A
Median Household Income$55,000N/AN/A

Dennison, OH — ZIP Code Boundary Map

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