Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Adams County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $87,941 | $130,696 | $242,182 |
| Price Trend (Annual %) | 7.1% | 6.8% | 8.2% |
| Median Gross Rent | $699 | $987 | $1,342 |
| Rent Trend (Annual %) | 2.9% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Adams County is about 33% lower than in Ohio. Rent is about 29% lower than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Adams County, up about 7.1% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Adams County rose about 24.3% between 2015 and 2023, from $562 to $699. Over the same span, rent in Ohio rose about 35.4%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Adams County.
Buying the median-priced home in Adams County costs roughly 10.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adams County. The price-to-rent ratio in Ohio is about 11.0.
| Metric | Adams County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $87,941 | $130,696 | $242,182 |
| Median Household Income | $49,478 | $69,785 | $78,145 |
| Price-to-Income Ratio | 1.8 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Adams County rose about 31.3%, while median household income rose about 45.3% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Adams County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.8% | 61.4% | 58.2% |
| Rental Rate | 23.4% | 30.2% | 31.3% |
| Vacancy Rate | 20.8% | 8.4% | 10.6% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Adams County has a homeownership rate of 55.8%, lower than the Ohio average of 61.4%. Its housing vacancy rate is 20.8%, compared with 8.4% in Ohio.
Housing Stock
| Metric | Adams County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.38 people | 2.54 people |
| Median Structure Built Year | 1980 | 1970 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Adams County was built around 1980. On average, 2.7 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Adams County, Ohio.
What is the median home price in Adams County, Ohio?
The median home price in Adams County, Ohio is $87,941, lower than the Ohio average of $130,696.
What is the average home price in Adams County, Ohio?
The typical home price in %s, reported as the median sale price, is %s. 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 Adams County, Ohio?
The median gross rent in Adams County, Ohio is $699 per month, lower than the Ohio average of $987.
What was the median gross rent in Adams County in 2020?
In 2020, the median gross rent in Adams County, Ohio was $580 per month.
What is the price-to-rent ratio in Adams County, Ohio?
The price-to-rent ratio in Adams County, Ohio is about 10.5, meaning it would take roughly 10.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adams County.
Are home prices or rent rising faster in Adams County, Ohio?
Both home prices and rent are rising in Adams County, up about 7.1% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Adams County, Ohio?
55.8% of households in Adams County, Ohio own their home, lower than the Ohio average of 61.4%.
What is the vacancy rate in Adams County, Ohio?
The housing vacancy rate in Adams County, Ohio is 20.8%, higher than the Ohio average of 8.4%.