Ohio County, Indiana Housing Market Prices
Ohio County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 87% above the Indiana median More expensive than 91% of counties in Indiana$267,307
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Median rent 15% below the Indiana median$897
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ohio County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $267,307 | $142,738 | $248,835 |
| Price Trend (Annual %) | 5.4% | 7.2% | 7.5% |
| Median Gross Rent | $897 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ohio County is about 87% higher than in Indiana. Rent is about 15% lower than the Indiana average.
Median Home and Rent Price Trends
Median Home Prices, 2017-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Ohio County, up about 5.4% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Ohio County rose about 33.9% between 2015 and 2024, from $670 to $897. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Ohio County.
Buying the median-priced home in Ohio County costs roughly 24.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Ohio County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Ohio County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $267,307 | $142,738 | $248,835 |
| Median Household Income | $70,588 | $71,967 | $80,455 |
| Price-to-Income Ratio | 3.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2017 and 2024, the median home price in Ohio County rose about 64.5%, while median household income rose about 33.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Ohio County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 76.9% | 64.4% | 58.5% |
| Rental Rate | 17.7% | 26.9% | 31.2% |
| Vacancy Rate | 5.4% | 8.8% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Ohio County has a homeownership rate of 76.9%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 5.4%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Ohio County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1971 | 1975 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Ohio County was built around 1971. On average, 2.3 people live in a home with about 6.0 rooms, staying for about 18.0 years on average.
Ohio County, IN Housing Compared With Nearby Counties
How Ohio County, IN compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ohio County, IN | 5,998 | $267,307 #1/2 | $897 #2/2 | 81.3% #1/2 |
| Boone County, KY | 139,822 | $161,197 | $1,372 | 76.3% |
Frequently Asked Questions
Common questions about the housing market in Ohio County, Indiana.
What is the median home price in Ohio County, Indiana?
The median home price in Ohio County, Indiana is $267,307, higher than the Indiana average of $142,738.
What is the average home price in Ohio County, Indiana?
The typical home price in Ohio County, Indiana, reported as the median sale price, is $267,307. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Ohio County, Indiana?
The median gross rent in Ohio County, Indiana is $897 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Ohio County in 2020?
In 2020, the median gross rent in Ohio County, Indiana was $712 per month.
What is the price-to-rent ratio in Ohio County, Indiana?
The price-to-rent ratio in Ohio County, Indiana is about 24.8, meaning it would take roughly 24.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Ohio County.
Are home prices or rent rising faster in Ohio County, Indiana?
Both home prices and rent are rising in Ohio County, up about 5.4% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ohio County, Indiana?
76.9% of households in Ohio County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Ohio County, Indiana?
The housing vacancy rate in Ohio County, Indiana is 5.4%, lower than the Indiana average of 8.8%.
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