Geauga County, Ohio Housing Market Prices
Geauga 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 241% above the Ohio median Among the 3 most expensive counties in Ohio$473,893
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Median rent 5% above the Ohio median More expensive than 89% of counties in Ohio$1,083
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Geauga County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $473,893 | $139,044 | $248,835 |
| Price Trend (Annual %) | 16.8% | 6.7% | 7.5% |
| Median Gross Rent | $1,083 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Geauga County is about 241% higher than in Ohio. Rent is about 5% higher 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 Geauga County, up about 16.8% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Geauga County rose about 35.3% between 2015 and 2024, from $801 to $1,083. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Geauga County.
Buying the median-priced home in Geauga County costs roughly 36.5 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 Geauga County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Geauga County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $473,893 | $139,044 | $248,835 |
| Median Household Income | $108,407 | $71,509 | $80,455 |
| Price-to-Income Ratio | 4.4 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Geauga County rose about 70.6%, while median household income rose about 50.6% 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 | Geauga County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 82.8% | 61.7% | 58.5% |
| Rental Rate | 12.2% | 30.1% | 31.2% |
| Vacancy Rate | 5.1% | 8.1% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Geauga County has a homeownership rate of 82.8%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 5.1%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Geauga County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1977 | 1970 | 1978 |
| Median Number of Rooms | 7.3 | 5.9 | 5.5 |
The typical housing unit in Geauga County was built around 1977. On average, 2.6 people live in a home with about 7.3 rooms, staying for about 19.0 years on average.
Geauga County, OH Housing Compared With Nearby Counties
Geauga County, OH is the smallest of the 6 counties compared here, 95,481 residents against a local median of 232,216. Geauga County, OH's median home price, at $473,893, runs 298% above the $119,164 typical of the counties around it.
Homeownership tells the same story from another angle: 87.2% against a local median of 70.1%, 24% above it. The one measure here that carries a verdict is homeownership, and at 24% above the local median it puts Geauga County, OH at the better end of the local range. The counties themselves sit within $174,088 of each other on median home price, a tighter band than the gap between any of them and Geauga County, OH, which makes it a genuine outlier here rather than one end of a wide local spread. Geauga County, OH has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Geauga County, OH | 95,481 | $473,893 #1/6 | $1,083 #2/6 | 87.2% #1/6 |
| Portage County, OH | 161,954 | $251,635 | $1,064 | 70.1% |
| Lake County, OH | 232,216 | $119,023 | $1,112 | 75.8% |
| Trumbull County, OH | 200,835 | $77,547 | $796 | 71.3% |
| Summit County, OH | 537,091 | $119,164 | $1,026 | 67.5% |
| Cuyahoga County, OH | 1,244,625 | $151,206 | $1,059 | 59.4% |
Frequently Asked Questions
Common questions about the housing market in Geauga County, Ohio.
What is the median home price in Geauga County, Ohio?
The median home price in Geauga County, Ohio is $473,893, higher than the Ohio average of $139,044.
What is the average home price in Geauga County, Ohio?
The typical home price in Geauga County, Ohio, reported as the median sale price, is $473,893. 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 Geauga County, Ohio?
The median gross rent in Geauga County, Ohio is $1,083 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Geauga County in 2020?
In 2020, the median gross rent in Geauga County, Ohio was $839 per month.
What is the price-to-rent ratio in Geauga County, Ohio?
The price-to-rent ratio in Geauga County, Ohio is about 36.5, meaning it would take roughly 36.5 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 Geauga County.
Are home prices or rent rising faster in Geauga County, Ohio?
Both home prices and rent are rising in Geauga County, up about 16.8% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Geauga County, Ohio?
82.8% of households in Geauga County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Geauga County, Ohio?
The housing vacancy rate in Geauga County, Ohio is 5.1%, lower than the Ohio average of 8.1%.
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