Blanchester, OH—45107
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Blanchester, OH
Home Price Trends — Blanchester, OH
As of Oct '25, the median home price in Blanchester, OH is $259,000, with a year-over-year change of 2.9%. This indicates that home prices in Blanchester, OH are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $259,000 | 2.9% |
| Single Family | $258,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $178,000 | 4.1% |
3 Bed | $264,000 | 3.1% |
4 Bed | $346,000 | 3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Blanchester, OH
As of July '25, Rentcast reports the average rent in Blanchester, OH is $900, with a year-over-year rent change of -21.7%. Per bedroom, the median rent as of July '25 in Blanchester, OH is 2-bedrooms: $900. The most common rental property sizes in Blanchester, OH are 2-bedroom and 3-bedroom, accounting for 51.6% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Blanchester, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Blanchester, OH is 45. This is a increase of 30.0% 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 54.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 56.0% |
Listing Count | 26 | -17.0% |
| Listings as % of Homes | 0.5% | -17.0% |
Days on Market | 45 | 30.0% |
Demographics — Blanchester, OH
As of the latest ACS Survey released in 2023, Blanchester, OH has a population of 9,750, which has decreased by -1.6% over the past 5 years. Blanchester, OH is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 12.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,750 | -1.6% |
% Under 18 | 25.5% | 3.2% |
% Seniors | 16.2% | 14.9% |
% WFH | 8.9% | 111.9% |
% w/ College Degree | 12.3% | -16.3% |
As of the latest ACS Survey released in 2023, Blanchester, OH is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Blanchester, OH is hispanic, making up 2.9% of the population. Foreign-born residents account for 2.7% of the population in Blanchester, OH, and this percentage has increased by 145.5% 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 | 94.6% | -0.8% |
% Black | 0.3% | -57.1% |
% Hispanic | 2.9% | 31.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.7% | 145.5% |
Mortgage and Risk — Blanchester, OH
According to HUD data as of 2023, there were 97 mortgage originations in Blanchester, OH, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Blanchester, OH. Investor activity is low, as 1.0% 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 | 97 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Blanchester, OH
Blanchester, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 157 |
Total Units Section 8 | 147 |
% Rentals under Section 8 | 13.7% |
% Occupied Section 8 | 72.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | $180 | $900 | $1,080 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Blanchester, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $259,000 |
| Median Household Income | $65,600 |