The story of this market
The typical home in ZIP 43315 sells for about $168,200, or $115 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $968 a month.
ZIP 43315 — Cardington
The housing market in 43315 remains stable with modest year-over-year price growth and low inventory levels. Demand is driven by local buyers seeking affordability, though limited new construction keeps the market tight. Figures for specific metrics like active listings and days on market are based on current portal data, while demographic data is sourced from the most recent ACS estimates.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options compared to the nearby Columbus metro area.
Median prices moved up 3.2% year over year.
Homes spend a median of 68 days on market with 3.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 9.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 43315, Morrow County OH
The area is primarily served by the Cardington-Lincoln Local School District, which maintains a rural community focus.
The area is located in a moderate climate zone with standard regional risks for wind and seasonal weather; specific flood-zone data is not determinable at the ZIP level.
Economic momentum is driven by local agricultural and small-business sectors with proximity to larger employment hubs in Marion and Delaware counties.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Ohio) — Real Property Tax Assessment: Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district.
Residents primarily rely on personal vehicles for commuting to employment centers in Marion or the Columbus metropolitan area via State Route 42 and US-42.
Local amenities include community parks in Cardington and access to rural outdoor spaces, with limited large-scale shopping or entertainment within a 3-mile radius.
The rental market is characterized by low inventory and steady demand, with limited short-term rental presence and a reliance on single-family housing stock.
The local economy is anchored by agriculture, manufacturing, and small-scale retail, with many residents commuting to larger employers in Marion and Delaware counties.
Transportation is primarily highway-based, with State Route 42 serving as the main artery connecting the area to regional transit corridors.
Development is largely focused on low-density residential expansion and small-scale commercial improvements within the village of Cardington.
Morrow County Auditor manages property assessments, utilizing a triennial update cycle and sexennial reappraisal process.
Parcels are subject to local school district levies and county-wide special districts for health and emergency services.
Property insurance premiums are generally stable, reflecting the area's low-to-moderate risk profile for natural disasters.
Data retrieved from US Census Bureau ZCTA 43315 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Local recreational space serving the village center.
Regional anchor for community events and agricultural exhibitions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.