Wakeman, OH housing market
The typical Wakeman home is worth about $286,000, up 5.7% in a year, 15% above the Ohio typical home.
Home values, sales, trends and how Wakeman compares with the towns next door — updated as new data is published.
Wakeman at a glance
Typical home value, 2016–2026
Show as a table
| January | Wakeman | Ohio |
|---|---|---|
| 2017 | $158,000 | $133,000 |
| 2018 | $167,000 | $141,000 |
| 2019 | $173,000 | $150,000 |
| 2020 | $185,000 | $158,000 |
| 2021 | $202,000 | $178,000 |
| 2022 | $224,000 | $195,000 |
| 2023 | $236,000 | $211,000 |
| 2024 | $251,000 | $224,000 |
| 2025 | $268,000 | $237,000 |
| 2026 | $277,000 | $245,000 |
| August 2026 | $286,000 | $249,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Wakeman in 2025. That's 0.4 per 1,000 residents, slower than across Ohio (3.3). Over the past 10 years, Wakeman has permitted 18 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Wakeman gained 30 residents while 16 new homes were permitted: about 1.9 new residents per new home. Building and growth moved roughly in step. Across Ohio: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $175,000 |
| 2025 | 1 | 1 | 0 | $225,000 |
| 2024 | 1 | 1 | 0 | $175,000 |
| 2023 | 1 | 1 | 0 | $300,000 |
| 2022 | 1 | 1 | 0 | $138,000 |
| 2021 | 2 | 2 | 0 | $656,000 |
| 2020 | 1 | 1 | 0 | $150,000 |
| 2019 | 6 | 6 | 0 | $1.1 million |
| 2018 | 1 | 1 | 0 | $170,000 |
| 2017 | 1 | 1 | 0 | $77,000 |
| 2016 | 3 | 3 | 0 | $480,000 |
| 2015 | 1 | 1 | 0 | $400,000 |
| 2014 | 1 | 1 | 0 | $150,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 2 | 2 | 0 | $335,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $85,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 3 | 3 | 0 | $750,000 |
| 2007 | 4 | 4 | 0 | $950,000 |
| 2006 | 6 | 6 | 0 | $1.2 million |
| 2005 | 10 | 10 | 0 | $1.8 million |
| 2004 | 12 | 12 | 0 | $1.2 million |
| 2003 | 14 | 14 | 0 | $1.4 million |
| 2002 | 11 | 11 | 0 | $1.1 million |
| 2001 | 8 | 8 | 0 | $657,000 |
| 2000 | 8 | 8 | 0 | $657,000 |
How Wakeman ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Wakeman and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Wakeman | $286K | +5.7% | $1,150 | 1 | $81,875 |
| Clarksfield | — | +10.7%† | $1,120 | 11 | $72,917 |
| Camden | — | +5.1%† | $1,100 | 1 | $60,156 |
| Florence | — | +11%† | $1,180 | 3 | $111,048 |
| Townsend | — | — | $1,040 | 1 | $72,424 |
† FHFA price index change, where Zillow has no home value for the town.
3.5 years of income
The typical Wakeman home costs about 3.5 years of the town's median household income, about the same as across Ohio (3.5).
How Wakeman ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,150
HUD's Fair Market Rent for a two-bedroom in Wakeman is $1,150 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Wakeman pay a median of $818, so moving in tends to cost more than staying put. A two-bedroom takes about 17% of the town's median household income.
Studio $870 · 4 bedrooms $1,730
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44889; Cleveland, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.