Convoy, OH—45832
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Convoy, OH
As of Nov '25, the median home price in Convoy, OH is $195,000, with a year-over-year change of 6.8%. This indicates that home prices in Convoy, OH are increasing. According to Zillow, the 1-year price projection is 5.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 6.8% |
| Single Family | $195,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | 7.5% |
3 Bed | $205,000 | 6.2% |
4 Bed | $232,000 | 6.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Convoy, OH
Convoy, 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 — Convoy, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Convoy, OH is 52. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $164,000 | -20.0% |
Listing Count | 2 | -55.0% |
| Listings as % of Homes | 0.6% | -55.0% |
Days on Market | 52 | 1.0% |
Demographics — Convoy, OH
As of the latest ACS Survey released in 2023, Convoy, OH has a population of 3,100, which has increased by 6.0% over the past 5 years. Convoy, OH is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,100 | 6.0% |
% Under 18 | 24.6% | -0.4% |
% Seniors | 24.7% | 47.9% |
% WFH | 3.0% | -34.8% |
% w/ College Degree | 16.2% | -23.2% |
As of the latest ACS Survey released in 2023, Convoy, OH is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Convoy, OH is hispanic, making up 5.1% of the population. Foreign-born residents account for 0.4% of the population in Convoy, OH, and this percentage has decreased by 73.3% 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 | 92.6% | -1.8% |
% Black | 0.3% | -50.0% |
% Hispanic | 5.1% | 82.1% |
% Asian | 0.7% | 40.0% |
% Foreign Born | 0.4% | -73.3% |
Mortgage and Risk — Convoy, OH
According to HUD data as of 2023, there were 59 mortgage originations in Convoy, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Convoy, OH. Investor activity is low, as 5.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Rentals and Section 8 — Convoy, OH
Convoy, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $680 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,090 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Convoy, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $195,000 |
| Median Household Income | $73,100 |