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Cost of homeownership in Ohio

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$169,108
Avg property tax
$2,053
Homeownership rate
73.2%
1yr appreciation
4.7%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Delaware County$393,000
  2. 2.Warren County$290,900
  3. 3.Geauga County$288,000
  4. 4.Union County$282,900
  5. 5.Medina County$249,700
  6. 6.Fairfield County$247,800
  7. 7.Holmes County$245,800
  8. 8.Franklin County$243,100
  9. 9.Licking County$232,200
  10. 10.Clermont County$224,800

Most affordable counties

  1. 1.Monroe County12.5%
  2. 2.Auglaize County13.5%
  3. 3.Van Wert County13.5%
  4. 4.Noble County13.6%
  5. 5.Belmont County13.7%
  6. 6.Putnam County13.9%
  7. 7.Jefferson County14.0%
  8. 8.Mercer County14.0%
  9. 9.Paulding County14.0%
  10. 10.Harrison County14.0%
Avg electricity
17.0¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,832

Residential baseline.

Avg mortgage interest deduction
$24,187

IRS SOI · TY 2022, state-level avg.

All counties in Ohio

  • Franklin County
  • Cuyahoga County
  • Hamilton County
  • Summit County
  • Montgomery County
  • Lucas County
  • Butler County
  • Stark County
  • Lorain County
  • Warren County
  • Lake County
  • Mahoning County
  • Delaware County
  • Clermont County
  • Trumbull County
  • Medina County
  • Licking County
  • Greene County
  • Portage County
  • Fairfield County
  • Clark County
  • Wood County
  • Richland County
  • Wayne County
  • Miami County
  • Allen County
  • Columbiana County
  • Ashtabula County
  • Geauga County
  • Tuscarawas County
  • Muskingum County
  • Ross County
  • Erie County
  • Hancock County
  • Scioto County
  • Belmont County
  • Marion County
  • Jefferson County
  • Union County
  • Knox County
  • Athens County
  • Washington County
  • Sandusky County
  • Pickaway County
  • Huron County
  • Lawrence County
  • Seneca County
  • Ashland County
  • Darke County
  • Shelby County
  • Auglaize County
  • Logan County
  • Holmes County
  • Madison County
  • Brown County
  • Highland County
  • Fulton County
  • Mercer County
  • Clinton County
  • Crawford County
  • Preble County
  • Ottawa County
  • Champaign County
  • Guernsey County
  • Defiance County
  • Williams County
  • Coshocton County
  • Perry County
  • Morrow County
  • Putnam County
  • Jackson County
  • Hardin County
  • Gallia County
  • Fayette County
  • Van Wert County
  • Hocking County
  • Henry County
  • Adams County
  • Pike County
  • Carroll County
  • Meigs County
  • Wyandot County
  • Paulding County
  • Harrison County
  • Noble County
  • Morgan County
  • Monroe County
  • Vinton County

Frequently asked questions

How much does it cost to own a home in Ohio?

Based on Census ACS, the state average home value in Ohio is $169,108, with median annual property tax around $2,053. Your actual cost depends on county and property.

What is the property tax in Ohio?

Property tax rates vary by county. Ohio's state average sits at roughly $2,053 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Ohio?

FHFA House Price Index data shows Ohio appreciating 4.7% over the last year and 49.7% over the last five years.

Is homeownership high in Ohio?

Ohio's homeownership rate is 73.2% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.