The story of this market
The typical home in ZIP 43522 sells for about $246,900, or $148 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $1,002 a month.
ZIP 43522 — Grand Rapids
The Grand Rapids housing market is experiencing steady growth with low inventory and rising prices, reflecting a tight supply-demand balance. Buyer activity remains consistent, supported by the area's appeal as a stable, historic community within the broader Northwest Ohio region.
This ZIP is ideal for families and professionals seeking a quiet, historic small-town environment while remaining within a reasonable commuting distance of Toledo.
Median prices moved up 7.3% year over year.
Homes spend a median of 59 days on market with 7.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 6.9% — 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 4.6%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 43522, Wood County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Grand Rapids is a small, rural village with low crime rates that are significantly lower than the regional averages found in the nearby Toledo metropolitan area.
The area is served by the Otsego Local School District, which generally maintains high performance ratings and a strong reputation within Wood County.
The village is situated along the Maumee River, presenting localized flood risks in low-lying areas; standard insurance coverage is recommended for riverfront properties.
Economic momentum is driven by the village's historic tourism and its proximity to the broader Toledo industrial and logistics corridor.
Property taxes are assessed by Wood County based on local millage rates, which include levies for schools, county services, and township operations.
Commuters typically drive to the Toledo employment core via US-24, with a commute time averaging approximately 25-30 minutes.
The area features the Maumee River for water recreation, the historic downtown district for local shopping and dining, and proximity to several regional parks and trails.
The rental market is characterized by low inventory and high demand, with limited turnover in the village's historic housing stock.
The local economy is supported by small businesses, tourism, and the agricultural sector, with residents largely commuting to the Toledo metro area for major employment.
Transportation is primarily automobile-dependent, with US-24 serving as the main arterial corridor connecting the village to the regional highway network.
Development is focused on maintaining the village's historic character while managing limited infill residential growth.
The Wood County Auditor's office manages property assessments, conducting triennial updates to ensure valuations reflect current market conditions.
Parcels are subject to Otsego Local School District taxes and various county-level special assessments for infrastructure and emergency services.
Property insurance premiums are generally stable, though proximity to the Maumee River may necessitate flood insurance for specific parcels.
Ohio is a judicial foreclosure state, requiring court action to complete the foreclosure process.
Ohio law requires sellers to provide a Residential Property Disclosure Form detailing the condition of the home.
Data sourced from US Census Bureau ZCTA-level tables.
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.
- Urban Air Trampoline and Adventure Park4.215.7 mi
- Sky Zone Trampoline Park4.313.8 mi
- Shooters of Maumee4.713.1 mi
- Trapped Toledo4.615.3 mi
- Doyt L. Perry Stadium4.511.6 mi
- The Stranahan4.615 mi
- The Village Idiot4.613.3 mi
- Wood County Fairgrounds4.59.1 mi
- Danny's Cafe Rossford4.619.2 mi
- Oak Openings Preserve Metropark4.89 mi
- Cinemark Fallen Timbers 14 and XD4.510.7 mi
- Side Cut Metropark4.811.8 mi
- Cinemark Levis Commons 124.512.3 mi
- Fort Meigs Historic Site4.712.9 mi
- Millbury Classic Cars and Trucks Museum4.919.9 mi
- Fort Meigs Historic Site4.712.9 mi
- Barr's Public House4.512.9 mi
- Wildwood Manor House4.819.7 mi
- Copper Moon Studio4.913.8 mi
- Oak Openings Preserve Metropark4.89 mi
- Side Cut Metropark4.811.8 mi
- Carter Park4.611.8 mi
- Farnsworth Metropark4.86 mi
- Mary Jane Thurston State Park4.63 mi
- Rossford Marina4.619.3 mi
- Toledo Sailing Club4.718.7 mi
- Stone Ridge Golf Club4.58.8 mi
- White Pines Golf Course4.55.8 mi
- Fallen Timbers Fairways3.49.4 mi
- Brandywine Country Club4.212.9 mi
- Riverby Hills Golf Club4.17.1 mi
- The Shops At Fallen Timbers4.410.8 mi
- Meijer4.312.4 mi
- MacQueen Orchards4.613 mi
- Walt Churchill's Market - Perrysburg4.513 mi
- Walt Churchill's Market- Maumee4.612.9 mi
- Eugene F. Kranz Toledo Express Airport4.411.4 mi
- Toledo Hospital4.421.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides scenic views and recreational boating access.
Features historic architecture and local businesses like LaRoe's Restaurant.
A popular multi-use trail for hiking and cycling along the river.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.