Russia, OH—45363
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Russia, OH
As of Oct '25, the median home price in Russia, OH is $338,000, with a year-over-year change of 10.7%. This indicates that home prices in Russia, OH are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | 10.7% |
| Single Family | $338,000 | 11.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $341,000 | 11.1% |
4 Bed | $466,000 | 14.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Russia, OH
Russia, 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 — Russia, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Russia, OH is 18. This is a decrease of -91.0% 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 400.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 12.0% |
Listing Count | 1 | -67.0% |
| Listings as % of Homes | 0.1% | -67.0% |
Days on Market | 18 | -91.0% |
Demographics — Russia, OH
As of the latest ACS Survey released in 2023, Russia, OH has a population of 1,860, which has increased by 9.7% over the past 5 years. Russia, OH is a popular place for families, as children make up 27.8% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,860 | 9.7% |
% Under 18 | 27.8% | -5.4% |
% Seniors | 17.0% | 29.8% |
% WFH | 8.0% | 196.3% |
% w/ College Degree | 26.4% | 22.8% |
As of the latest ACS Survey released in 2023, Russia, OH is a predominantly white area, with 96.3% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Russia, OH is hispanic, making up 1.9% of the population. Foreign-born residents account for 0.9% of the population in Russia, OH, and this percentage has decreased by 57.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.3% | 1.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.9% | 171.4% |
% Asian | 0.6% | -70.0% |
% Foreign Born | 0.9% | -57.1% |
Mortgage and Risk — Russia, OH
According to HUD data as of 2023, there were 80 mortgage originations in Russia, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Russia, OH. Investor activity is low, as 1.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 80 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Russia, OH
Russia, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $730 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Russia, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $338,000 |
| Median Household Income | $85,000 |