State housing costs
Ohio housing costs, ownership, and rent in the latest ACS
Statewide evidence on home value, income, owner costs, housing stock, tenure, vacancy, and rent for borrower planning.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
Ohio's 2024 ACS housing baseline reports a median owner-occupied home value of $214,800, median household income of $71,389, and median selected monthly owner costs of $1,517 for owners with a mortgage. In practical terms, those three reference points can still help a borrower identify which statewide value, income, and recurring-cost assumptions need local replacement first. They remain separate medians, not the price, income, and monthly budget of one typical household, and the $1,517 measure is not a real-estate-tax figure or a current mortgage quote. For the decision at hand, a real decision still requires local property evidence, borrower documentation, taxes, insurance, maintenance, association obligations, and current loan information.
For borrowers reviewing evidence from Ohio, read beside the 67.2% owner share and 32.8% renter share, the vacancy figure helps describe how the broad stock was classified without predicting near-term supply. In practical terms, the borrower should use current listings, property condition, days on market, concessions, and local professional context to answer transaction questions that 8.1% and 5,292,391 were not designed to resolve.