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Summitville village, OH

ZIP 43962 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 43962

Median Home Value
$162,500
Median Rent
$450
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,044/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

30.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 43962 in Summitville village, OH, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,044. That sits below the local median household income ($61,875), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 31% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
58.6%-10% vs US avg
x
Vacancy Rate
30.9%+200% vs US avg
x
Broadband Access
75.9%-13% vs US avg
x
4+ Bedrooms
9.5%-36% vs US avg
x
Built Pre-1939
14.3%+12% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
50.0%+1% vs US avg
x
Mortgage-Free
58.8%+54% vs US avg
x
$162,500
Home Value
$450
Rent
1938
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached95.2%
  • 1-unit attached0.0%
  • 2-9 units4.8%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$162,500
Median rent$450
Owner-occupied58.6%
Vacant30.9%
Price-to-income2.6x
Est. income to buy$45,000