Okeana, OH—45053
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Okeana, OH
As of Oct '25, the median home price in Okeana, OH is $442,000, with a year-over-year change of 3.6%. This indicates that home prices in Okeana, OH are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $442,000 | 3.6% |
| Single Family | $442,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $325,000 | 1.6% |
3 Bed | $428,000 | 3.1% |
4 Bed | $537,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Okeana, OH
Okeana, 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 — Okeana, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Okeana, OH is 55. This is a decrease of -29.0% 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 80.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $414,000 | -23.0% |
Listing Count | 5 | 64.0% |
| Listings as % of Homes | 0.2% | 64.0% |
Days on Market | 55 | -29.0% |
Demographics — Okeana, OH
As of the latest ACS Survey released in 2023, Okeana, OH has a population of 3,720, which has remained stable by 0.7% over the past 5 years. Okeana, OH is a popular place for families, as children make up 31.7% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,720 | 0.7% |
% Under 18 | 31.7% | 8.9% |
% Seniors | 16.2% | 29.6% |
% WFH | 11.6% | 28.9% |
% w/ College Degree | 26.3% | 1.9% |
As of the latest ACS Survey released in 2023, Okeana, OH is a predominantly white area, with 88.6% of the population identifying as white. The white population has shrunk by 11.4% in the last 5 years. The second most common race or ethnicity in Okeana, OH is asian, making up 1.3% of the population. Foreign-born residents account for 2.1% of the population in Okeana, OH, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.6% | -11.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 1.3% | ∞% |
% Foreign Born | 2.1% | ∞% |
Mortgage and Risk — Okeana, OH
According to HUD data as of 2023, there were 85 mortgage originations in Okeana, OH, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Okeana, OH. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 85 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Okeana, OH
Okeana, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,620 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Okeana, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $442,000 |
| Median Household Income | $111,000 |