Housing in Ohio

Home prices, rents, supply and how affordable it is to live here.

FHFA House Price Index
501
2025 · FHFA all-transactions index
Median value of owner-occupied homes
$239,800
2024 · Census American Community Survey 1-year estimates
Rent of primary residence index (Midwest region)
371.5
2025 · BLS CPI-U
Total housing units
5,336,168
2024 · Census American Community Survey 1-year estimates
New private housing units authorized
33,594
2025 · Census Building Permits Survey
Homeownership rate (CPS/HVS)
70.3%
2025 · Census Housing Vacancy Survey
Housing price level vs U.S. (RPP rents)
73
2024 · BEA Regional Price Parities
Rental vacancy rate
5.9%
2025 · Census Housing Vacancy Survey

Historical data

Pick an indicator to see its long-run evolution.

Median home value

1990–2024
$225,000▲ 254%

Nominal median value of owner-occupied homes.

Home Prices

Sale prices and trends.

FHFA House Price Index
501
2025 · FHFA all-transactions index
Median sale price
$235,000
Year-over-year
+5.1%
Price per sq ft
$150

FHFA House Price Index

1975–2025
501▲ 671%

FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (OHSTHPI).

IndicatorOhioU.S.
Median sale price (USD)2024235000412000

Median Home Value

Typical value of owner-occupied homes.

Median value of owner-occupied homes
$239,800
2024 · Census American Community Survey 1-year estimates
Median home value
$225,000
Rank
40th in the U.S.
5-year change
+43%

Median value of owner-occupied homes

2008–2024
$239,800▲ 71%

Census American Community Survey 1-year estimates, B25077 (2020 not released).

IndicatorOhioU.S.
Median home value (USD)2024, Zillow ZHVI225000359000
  • •Ohio home values are less than half those of California.

Rent Prices

Cost of renting.

Rent of primary residence index (Midwest region)
371.5
2025 · BLS CPI-U
Median gross rent
$1,010
2023
Renter households
32.6%
Rent-burdened renters
44%

Rent of primary residence index (Midwest region)

2006–2025
371.5▲ 81%

BLS CPI-U, Midwest region, annual average (CUUR0200SEHA).

IndicatorOhioU.S.
Median gross rent (USD/mo)2023, ACS10101406

Housing Inventory

Total housing stock.

Total housing units
5,336,168
2024 · Census American Community Survey 1-year estimates
Vacant housing units
7.6%
2024 · Census American Community Survey 1-year estimates
Single-family share
71%
Built before 1980
66%

Total housing units

2008–2024
5,336,168▲ 5%

Census American Community Survey 1-year estimates, B25001 (2020 not released).

Vacant housing units

2008–2024
7.6%

Census American Community Survey 1-year estimates, B25002 (2020 not released).

IndicatorOhioU.S.
Total housing units (M)2023, ACS5.3145.3

Building Permits

New residential construction.

New private housing units authorized
33,594
2025 · Census Building Permits Survey
Annual permits
28,100
2023
Permits per 1,000 residents
2.4
Multifamily share
33%

New private housing units authorized

1988–2025
33,594▼ 24%

Census Building Permits Survey, sum of 12 months (FRED OHBPPRIV).

IndicatorOhioU.S.
Permits per 1,000 residents2023, Census2.44.4

Homeownership Rate

Share of owner-occupied homes.

Homeownership rate (CPS/HVS)
70.3%
2025 · Census Housing Vacancy Survey
Homeownership rate
67.4%
Rank
16th in the U.S.

Homeownership rate (CPS/HVS)

1984–2025
70.3%

Census Housing Vacancy Survey, annual (FRED OHHOWN).

IndicatorOhioU.S.
Homeownership rate (%)2023, Census67.465.7

Housing Affordability

Home cost relative to income.

Housing price level vs U.S. (RPP rents)
73
2024 · BEA Regional Price Parities
Value-to-income ratio
3.2
Median mortgage payment
$1,420 /mo
Cost-burdened owners
20%

Housing price level vs U.S. (RPP rents)

2008–2024
73▼ 5%

BEA Regional Price Parities, housing services (SARPP line 3).

IndicatorOhioU.S.
Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities73100
Home value-to-income ratio20233.24.7

Vacancy Rate

Share of unoccupied units.

Rental vacancy rate
5.9%
2025 · Census Housing Vacancy Survey
Homeowner vacancy rate
0.9%
2025 · Census Housing Vacancy Survey
Overall vacancy
9.4%
Rental vacancy
6.8%
Homeowner vacancy
1.1%

Rental vacancy rate

1986–2025
5.9%

Census Housing Vacancy Survey, annual (FRED OHRVAC).

Homeowner vacancy rate

1986–2025
0.9%

Census Housing Vacancy Survey, annual (FRED OHHVAC).

IndicatorOhioU.S.
Overall vacancy rate (%)2023, ACS9.410.4

More figures

Median home value
$225,000
Median monthly rent
$1,010
2023
Homeownership rate
67.4%
Total housing units
5.3 M
Vacancy rate
9.4%
Building permits
≈ 28,000
2023
Effective property tax
1.30%
Homes built pre-1980
66%