Location: Defiance County, OH | Metro: Defiance County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 43519 presents a nuanced picture for both landlords and small-portfolio investors. The median home value remains unspecified, indicating a potential data gap that could be due to limited transactions or an emerging market. However, the fact that a significant N/A% of listings have been reduced signals a cautious seller's market, where price adjustments are being made to attract buyers in a competitive environment.
The median days on market (DOM) at N/A days suggests a swift transaction process, which can be indicative of either a well-priced property or a high demand scenario. In the context of a reduced listings percentage, it points towards a market where properties that are priced correctly move quickly, allowing for some flexibility in pricing strategy but also suggesting a need for careful valuation to remain competitive.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030, providing a benchmark for rental rates. If the current market rent in ZIP 43519 is lower than this figure, it might suggest an opportunity for rental income growth as the market adjusts to meet the FMR levels. Conversely, if the current market rent is already close to or above the FMR, it could indicate a saturated rental market with little room for significant rent increases.
For long-term investors, the setup in ZIP 43519 implies a realistic appreciation thesis will depend heavily on broader economic trends and local development. With the median home value unspecified and a competitive market indicated by the percentage of reduced listings and quick DOM, appreciation is likely to be moderate and tied closely to improvements in the local economy and infrastructure. Investors should focus on areas within ZIP 43519 that show signs of growth or planned developments to capitalize on potential future appreciation.
The combination of these factors—median home values, reduced listing percentages, and swift DOM—signals a market where pricing power exists but must be balanced with strategic adjustments to remain attractive to both buyers and renters. As such, landlords and small-portfolio investors should consider a dual approach of maintaining competitive rents while keeping an eye on the potential for property value appreciation as the local market evolves.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.