Counties / Ohio / Van Wert County

Van Wert County, OH

FIPS 39161 · population 28,826 · outside every metro area

$191k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$191k
▲ 5.1% year over year
Zillow ZHVI · direct
ACS median gross rent
$782
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$973
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+52.2%not annualized · through 2025
0%ZILLOW ZHVI2026-06+5.1%FHFA HPI2025+5.3%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$152k
Surveyed gross rent$782
Rent burden 30%+37.0%
Median year built1960
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
8.1%vacant
12,573estimated housing units
Occupied tenure17.9% renter
owner 82.1%renter 17.9%
Structure mix88.6% single-family
Single-family 88.6%20+ units 0.9%Mobile home 4.4%Other 6.2%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs11,047▼ 4.1% from the prior annual release
Covered establishments675annual average reporting locations
Average weekly wage$1,003▲ 5.6% from the prior annual release
Largest private supersectorManufacturing30.2% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−4.1%WEEKLY WAGE+5.6%Manufacturing30.2%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Van Wert County’s tension is a recent price-upward record against thinner covered employment and modest out-migration, while rent evidence needed to test income support is absent. Buyers able to verify property-level rent, taxes and flood exposure should investigate; income-focused underwriting should be cautious until those checks are complete.

02Housing economics

Zillow’s county median home value was $191,307 in 2026-06, up 5.09% year over year. FHFA’s repeat-transaction index, observed on its separate 2025 annual label, rose 5.28% year over year and 52.15% over five years; it corroborates direction but is not a home value and must not be blended with Zillow’s change. HUD’s $973 two-bedroom FMR is a payment standard, not measured asking rent. Market rent is not published, so gross yield cannot be computed. The 0.91% effective property-tax rate and $1,387 median annual tax identify a carrying-cost input, but tax treatment for a specific parcel is not given.

03Demand & competition

Annual 2025 QCEW shows 11,047 covered jobs at county workplaces, down 4.10%, while average weekly covered-worker wage was $1,003, up 5.58%. Manufacturing was the largest disclosed private supersector, accounting for 30.25% of private covered employment; this is a concentration marker, not the whole economy or resident employment. Net migration was negative 25, and incoming movers had lower average income than outgoing movers. Investor purchases were 8 of 213 total, a calculated 3.76% share, suggesting limited measured investor participation rather than a view of all buyer demand. No Realtor.com MLS listing price, inventory, days-on-market, or price-reduction figures are published, preventing a reading of visible supply, marketing time, or seller concessions.

04Risk & next checks

Inland flood is the dominant hazard, and modeled climate loss equals 0.11% of building value per year; that modeled ratio is not a parcel loss estimate. Flood-zone status, elevation, insurance cost, claims history, and building condition are not published, so hazard carrying cost and insurability remain untested. Next checks are market asking rents and lease terms to calculate yield, parcel tax bills, and current MLS evidence. These limits, plus county-level migration and workplace data, mean the record cannot demonstrate tenant demand, resale liquidity, or property-specific cash flow.

Cities & communities

Where people live within Van Wert County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Van Wert city10.8KDelphos city*7.1KConvoy village1KOhio City village741Middle Point village592Willshire village391Wren village206Scott village*160
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

10 Census places

Population
  1. 01
    Van Wert cityIncorporated place
    10,790
  2. 02
    Delphos cityIncorporated place · spans 2 counties
    7,143
  3. 03
    Convoy villageIncorporated place
    1,040
  4. 04
    Ohio City villageIncorporated place
    741
  5. 05
    Middle Point villageIncorporated place
    592
  6. 06
    Willshire villageIncorporated place
    391
  7. 07
    Wren villageIncorporated place
    206
  8. 08
    Scott villageIncorporated place · spans 2 counties
    160
  9. 09
    Venedocia villageIncorporated place
    143
  10. 10
    Elgin villageIncorporated place
    81

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.111% of building value expected lost per year

Effective property tax0.91%

$1,387 median annual bill

02
DemandIRS SOI household flows
Net migration-25

598 in · 623 out

Arriving vs leaving income−$711

$45,848 arriving · $46,559 leaving

03
CompetitionHMDA financed purchases
Purchases by investors3.8%

8 of 213 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Published value appreciation may not translate into rent-supported cash flow because market rent is absent.
  2. County workplace-job contraction and net out-migration may not capture tenant demand or resale depth.
  3. Parcel flood exposure and insurance terms may differ materially from the county modeled climate-loss ratio.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the supplied record?

No. Market rent is not published, and HUD FMR is a payment standard rather than asking rent.

Are current MLS listing conditions available?

No. Realtor.com listing price, active inventory, days on market, and price-reduction data are not published.

Can county-level flood data set a parcel insurance cost?

No. The record provides a modeled county climate-loss ratio but no parcel flood-zone status, elevation, insurance cost, or claims history.