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 | Coshocton County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $64,372 | $130,696 | $242,182 |
| Price Trend (Annual %) | 6.3% | 6.8% | 8.2% |
| Median Gross Rent | $722 | $987 | $1,342 |
| Rent Trend (Annual %) | 3.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Coshocton County is about 51% lower than in Ohio. Rent is about 27% 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 Coshocton County, up about 6.3% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Coshocton County rose about 28.0% between 2015 and 2023, from $564 to $722. Over the same span, rent in Ohio rose about 35.4%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Coshocton County.
Buying the median-priced home in Coshocton County costs roughly 7.4 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 Coshocton County. The price-to-rent ratio in Ohio is about 11.0.
| Metric | Coshocton County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $64,372 | $130,696 | $242,182 |
| Median Household Income | $54,387 | $69,785 | $78,145 |
| Price-to-Income Ratio | 1.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Coshocton County fell about 3.6%, while median household income rose about 35.9% 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 | Coshocton County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.0% | 61.4% | 58.2% |
| Rental Rate | 25.0% | 30.2% | 31.3% |
| Vacancy Rate | 9.0% | 8.4% | 10.6% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Coshocton County has a homeownership rate of 66.0%, higher than the Ohio average of 61.4%. Its housing vacancy rate is 9.0%, compared with 8.4% in Ohio.
Housing Stock
| Metric | Coshocton County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.38 people | 2.54 people |
| Median Structure Built Year | 1968 | 1970 | 1978 |
| Median Number of Rooms | 6.1 | 5.9 | 5.5 |
The typical housing unit in Coshocton County was built around 1968. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Coshocton County, Ohio.
What is the median home price in Coshocton County, Ohio?
The median home price in Coshocton County, Ohio is $64,372, lower than the Ohio average of $130,696.
What is the average home price in Coshocton 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 Coshocton County, Ohio?
The median gross rent in Coshocton County, Ohio is $722 per month, lower than the Ohio average of $987.
What was the median gross rent in Coshocton County in 2020?
In 2020, the median gross rent in Coshocton County, Ohio was $632 per month.
What is the price-to-rent ratio in Coshocton County, Ohio?
The price-to-rent ratio in Coshocton County, Ohio is about 7.4, meaning it would take roughly 7.4 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 Coshocton County.
Are home prices or rent rising faster in Coshocton County, Ohio?
Both home prices and rent are rising in Coshocton County, up about 6.3% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Coshocton County, Ohio?
66.0% of households in Coshocton County, Ohio own their home, higher than the Ohio average of 61.4%.
What is the vacancy rate in Coshocton County, Ohio?
The housing vacancy rate in Coshocton County, Ohio is 9.0%, higher than the Ohio average of 8.4%.