Waterville, OH · Market Data

Waterville, Ohio real estate market data.

Real estate market data for Waterville, OH (Lucas County) — Census median home value $271,100, county listing prices down about 17.1% over the past year.

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Waterville, OH is in Lucas County, Ohio — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,997, with a median household income of $102,096. Census data puts Waterville's median home value at $271,100 (all owner-occupied homes); Lucas County's current median listing price runs $179,948, down about 17.1% over the past year.

At a glance

Waterville market snapshot

Population

5,997

Median Household Income

$102,096

Median Home Value (city)

$271,100

Median Listing Price (Lucas County)

$179,948

Median Gross Rent

$1,386/mo

Price Trend (YoY)

-17.1%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Waterville

What makes Waterville different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Waterville's median home value — across all owner-occupied homes, not just recent sales — at $271,100. Separately, Lucas County's current median listing price (via Realtor.com data, 2026-06-01) runs $179,948. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Lucas County's FHFA house price index shows a 5.04% annual change in 2025.

Population & Income

Waterville has an estimated population of 5,997 and a median household income of $102,096, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Waterville's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Waterville FAQ

What are home values like in Waterville, OH?

The Census Bureau's American Community Survey puts Waterville's median home value at $271,100. Lucas County's current median listing price runs $179,948, down about 17.1% over the past year.

What is the population of Waterville, OH?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Waterville's population at approximately 5,997.

What's the median rent in Waterville, OH?

The Census ACS estimates median gross rent in Waterville at approximately $1,386 per month.

What is the median household income in Waterville, OH?

Census ACS data puts the median household income in Waterville at approximately $102,096.

Is the Waterville housing market growing?

Lucas County's FHFA house price index shows a 5.04% annual change in 2025.

Is Waterville, OH affordable relative to income?

Census ACS data puts Waterville's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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