Columbus Grove, OH—45830
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Columbus Grove, OH
As of Aug '25, the median home price in Columbus Grove, OH is $231,000, with a year-over-year change of 7.6%. This indicates that home prices in Columbus Grove, OH are increasing. According to Zillow, the 1-year price projection is NA, suggesting an uncertain housing market in the next year.
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | 5.8% |
3 Bed | $253,000 | 7.2% |
4 Bed | $271,000 | 7.5% |
| 5 Bed | N/A | N/A |
Rental Trends — Columbus Grove, OH
As of Jul '25, the average rent in Columbus Grove, OH is $614, with a year-over-year rent change of NA. 2-bedroom units average $614 (NA)
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $614 | $614 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $614 | $614 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
Property Listings — Columbus Grove, OH
As of Aug '25 and according to Realtor.com, the median days on market for a home in Columbus Grove, OH is 47. This is an decrease of -31.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 133.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $211,000 | 2.0% |
Listing Count | 7 | N/A |
| Listings as % of Homes | 0.1% | N/A |
Days on Market | 47 | -31.0% |
Demographics — Columbus Grove, OH
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,400 | -6.8% |
% Under 18 | 24.0% | -10.4% |
| % Under 5 | N/A | N/A |
% Seniors | 18.3% | 5.8% |
% WFH | 8.6% | 207.1% |
% w/ College Degree | 25.8% | 51.8% |
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.2% | -9.1% |
% Black | 1.1% | 1,000.0% |
% Hispanic | 7.6% | 181.5% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.5% | 25.0% |
Mortgage and Risk — Columbus Grove, 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 Columbus Grove, OH in that year was 115. 90.0% 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 61.0%. Of those, 23.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Columbus Grove, OH. Investor activity in Columbus Grove, OH is low, as 3.0% of all loans are originated by investors. In 2023, 4.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.
Mortgages
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
Total Loan Originations | 115 | N/A | N/A |
% Conventional Loans | 90.0% | N/A | N/A |
% Government Loans | 10.0% | N/A | N/A |
% Investor Loans | 3.0% | N/A | N/A |
% Second Loans | 0.0% | N/A | N/A |
% Cash Out Refinance | 4.0% | N/A | N/A |
Rentals and Section 8 — Columbus Grove, OH
As of 2024, the percent of homes in Columbus Grove, OH under the Section 8 program is 19.0%. This is considered high, suggesting that the neighborhood is heavily 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 | 49 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | 19.0% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $406 | $614 | $1,020 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Columbus Grove, OH
Home Price to Income Ratio
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
| Home Price to Income Ratio | 2.5 | N/A | N/A |
| Median Home Price | $231,000 | N/A | N/A |
| Median Household Income | $78,400 | N/A | N/A |