The story of this market
The typical home in ZIP 45891 sells for about $178,750, or $115 per square foot.
Prices are down 5.2% from a year ago, which gives buyers more room to negotiate. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $772 a month.
ZIP 45891 — Van Wert
The 45891 housing market is currently experiencing a period of price adjustment with a median sale price of $178,750. Market activity is moderate, with homes spending an average of 32 days on the market. Data for specific metrics like months of supply and sale-to-list ratio were not available at the ZIP level.
This ZIP is well-suited for families and individuals seeking affordable rural living with proximity to the services and employment opportunities in Van Wert.
Median prices moved down 5.2% year over year.
Homes spend a median of 32 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 10.7% — a stable, low-distress profile.
ZCTA 45891, Van Wert County, OH
The area is served by local districts including Lincolnview Local School District, which provides rural-focused educational services.
The area maintains a stable, rural-industrial economic base with development focused on residential infill and local commercial support.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Ohio) — Real Property Tax Assessment: Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district.
Residents primarily rely on personal vehicles for commuting, with a mean commute time of approximately 16.9 minutes to local employment hubs.
The area features access to local parks and rural outdoor spaces, with proximity to the amenities and shopping districts located within the city of Van Wert.
The rental market is characterized by modest demand and limited inventory, with a median rent of $772 per month.
The local economy is anchored by manufacturing, agriculture, and local service industries centered in and around Van Wert.
Transportation is primarily highway-based, serving as a regional hub for local transit in Northwest Ohio.
Development is primarily focused on residential maintenance and small-scale commercial improvements.
The Van Wert County Auditor manages property assessments and tax records for all parcels within the county.
Parcels are subject to local school district taxes and county-level assessments.
Data retrieved from SimpleMaps US Zips Comprehensive Database and ACS 2024.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Provides local green space and recreational facilities for the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.