Ashland County, Ohio Housing Market Prices
Ashland 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% below the Ohio median Among the top 5 cheapest counties in Ohio$18,604
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Median rent 14% below the Ohio median$887
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ashland County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $18,604 | $139,044 | $248,835 |
| Price Trend (Annual %) | -11.3% | 6.7% | 7.5% |
| Median Gross Rent | $887 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ashland County is about 87% lower than in Ohio. Rent is about 14% lower than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Ashland County: home prices fell about 11.3% a year while rent rose about 3.4% a year. That is an unusual pattern worth watching.
Median rent in Ashland County rose about 31.4% between 2015 and 2024, from $675 to $887. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Ashland County.
Buying the median-priced home in Ashland County costs roughly 1.7 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 Ashland County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Ashland County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $18,604 | $139,044 | $248,835 |
| Median Household Income | $69,984 | $71,509 | $80,455 |
| Price-to-Income Ratio | 0.3 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ashland County fell about 73.7%, while median household income rose about 44.9% between 2009 and 2025 — 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 | Ashland County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.5% | 61.7% | 58.5% |
| Rental Rate | 20.3% | 30.1% | 31.2% |
| Vacancy Rate | 8.2% | 8.1% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Ashland County has a homeownership rate of 71.5%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 8.2%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Ashland County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1972 | 1970 | 1978 |
| Median Number of Rooms | 6.1 | 5.9 | 5.5 |
The typical housing unit in Ashland County was built around 1972. On average, 2.5 people live in a home with about 6.1 rooms, staying for about 18.0 years on average.
Ashland County, OH Housing Compared With Nearby Counties
Ashland County, OH is the 5th largest of the 6 counties compared here, 52,253 residents against a local median of 116,585. Ashland County, OH's median home price, at $18,604, runs 88% below the $159,396 typical of the counties around it.
The counties themselves spread $247,020 on median home price, so Ashland County, OH sits at one end of an already wide local range rather than apart from it. Ashland County, OH has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ashland County, OH | 52,253 | $18,604 #6/6 | $887 #2/6 | 77.9% #3/6 |
| Richland County, OH | 125,022 | $74,186 | $824 | 67.9% |
| Wayne County, OH | 116,585 | $159,396 | $881 | 76.6% |
| Huron County, OH | 58,319 | $153,030 | $848 | 74.0% |
| Holmes County, OH | 44,391 | $321,206 | $816 | 79.0% |
| Medina County, OH | 183,656 | $205,434 | $1,143 | 80.3% |
Frequently Asked Questions
Common questions about the housing market in Ashland County, Ohio.
What is the median home price in Ashland County, Ohio?
The median home price in Ashland County, Ohio is $18,604, lower than the Ohio average of $139,044.
What is the average home price in Ashland County, Ohio?
The typical home price in Ashland County, Ohio, reported as the median sale price, is $18,604. 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 Ashland County, Ohio?
The median gross rent in Ashland County, Ohio is $887 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Ashland County in 2020?
In 2020, the median gross rent in Ashland County, Ohio was $711 per month.
What is the price-to-rent ratio in Ashland County, Ohio?
The price-to-rent ratio in Ashland County, Ohio is about 1.7, meaning it would take roughly 1.7 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 Ashland County.
Are home prices or rent rising faster in Ashland County, Ohio?
Home prices and rent are moving in opposite directions in Ashland County: home prices fell about 11.3% a year while rent rose about 3.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Ashland County, Ohio?
71.5% of households in Ashland County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Ashland County, Ohio?
The housing vacancy rate in Ashland County, Ohio is 8.2%, higher than the Ohio average of 8.1%.
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