Austintown, Ohio Housing Market Prices
Austintown 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 46% below the Ohio median$75,650
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Median rent 24% below the Ohio median$787
Housing Market Overview
| Metric | Austintown | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $75,650 | $139,044 | $248,835 |
| Price Trend (Annual %) | 4.8% | 6.7% | 7.5% |
| Median Gross Rent | $787 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Austintown is about 46% lower than in Ohio. Rent is about 24% lower than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Austintown, up about 4.8% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Austintown rose about 34.1% between 2015 and 2024, from $586 to $787. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Austintown.
Buying the median-priced home in Austintown costs roughly 8.0 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 Austintown. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Austintown | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $75,650 | $139,044 | $248,835 |
| Median Household Income | $53,393 | $71,509 | $80,455 |
| Price-to-Income Ratio | 1.4 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Austintown rose about 25.9%, while median household income rose about 23.5% 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 | Austintown | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.5% | 61.7% | 58.5% |
| Rental Rate | 33.3% | 30.1% | 31.2% |
| Vacancy Rate | 5.2% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Austintown has a homeownership rate of 61.5%, about the same as the Ohio average of 61.7%. Its housing vacancy rate is 5.2%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Austintown | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.07 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1971 | 1970 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Austintown was built around 1971. On average, 2.1 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 Austintown, Ohio.
What is the median home price in Austintown, Ohio?
The median home price in Austintown, Ohio is $75,650, lower than the Ohio average of $139,044.
What is the average home price in Austintown, Ohio?
The typical home price in Austintown, Ohio, reported as the median sale price, is $75,650. 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 Austintown, Ohio?
The median gross rent in Austintown, Ohio is $787 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Austintown in 2020?
In 2020, the median gross rent in Austintown, Ohio was $706 per month.
What is the price-to-rent ratio in Austintown, Ohio?
The price-to-rent ratio in Austintown, Ohio is about 8.0, meaning it would take roughly 8.0 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 Austintown.
Are home prices or rent rising faster in Austintown, Ohio?
Both home prices and rent are rising in Austintown, up about 4.8% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Austintown, Ohio?
61.5% of households in Austintown, Ohio own their home, about the same as the Ohio average.
What is the vacancy rate in Austintown, Ohio?
The housing vacancy rate in Austintown, Ohio is 5.2%, lower than the Ohio average of 8.1%.
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