Hamilton County, Ohio Housing Market Prices
Hamilton 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 5% below the Ohio median$132,433
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Median rent 4% above the Ohio median More expensive than 86% of counties in Ohio$1,075
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hamilton County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,433 | $139,044 | $248,835 |
| Price Trend (Annual %) | 3.8% | 6.7% | 7.5% |
| Median Gross Rent | $1,075 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hamilton County is about 5% lower than in Ohio. Rent is about 4% 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 Hamilton County, up about 3.8% and 5.1% a year respectively. Rent is changing faster.
Median rent in Hamilton County rose about 51.7% between 2015 and 2024, from $709 to $1,075. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Hamilton County.
Buying the median-priced home in Hamilton County costs roughly 10.3 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 Hamilton County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Hamilton County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,433 | $139,044 | $248,835 |
| Median Household Income | $72,506 | $71,509 | $80,455 |
| Price-to-Income Ratio | 1.8 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hamilton County rose about 28.1%, while median household income rose about 45.0% 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 | Hamilton County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.2% | 61.7% | 58.5% |
| Rental Rate | 37.8% | 30.1% | 31.2% |
| Vacancy Rate | 7.0% | 8.1% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Hamilton County has a homeownership rate of 55.2%, lower than the Ohio average of 61.7%. Its housing vacancy rate is 7.0%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Hamilton County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1965 | 1970 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Hamilton County was built around 1965. On average, 2.3 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Hamilton County, OH Housing Compared With Nearby Counties
Hamilton County, OH is the largest of the 6 counties compared here, 829,354 residents against a local median of 171,173. Hamilton County, OH's median home price, at $132,433, runs 18% below the $161,197 typical of the counties around it.
Homeownership tells the same story from another angle: 59.3% against a local median of 71.1%, 17% below it. The one measure here that carries a verdict is homeownership, and at 17% below the local median it puts Hamilton County, OH at the weaker end of the local range. The counties themselves spread $121,606 on median home price, so Hamilton County, OH sits at one end of an already wide local range rather than apart from it. Hamilton County, OH has the 4th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hamilton County, OH | 829,354 | $132,433 #4/6 | $1,075 #5/6 | 59.3% #6/6 |
| Butler County, OH | 393,616 | $89,021 | $1,134 | 69.9% |
| Kenton County, KY | 171,173 | $127,436 | $1,068 | 70.8% |
| Boone County, KY | 139,822 | $161,197 | $1,372 | 76.3% |
| Campbell County, KY | 93,398 | $210,628 | $1,144 | 71.1% |
| Clermont County, OH | 211,155 | $191,856 | $1,107 | 73.6% |
Frequently Asked Questions
Common questions about the housing market in Hamilton County, Ohio.
What is the median home price in Hamilton County, Ohio?
The median home price in Hamilton County, Ohio is $132,433, lower than the Ohio average of $139,044.
What is the average home price in Hamilton County, Ohio?
The typical home price in Hamilton County, Ohio, reported as the median sale price, is $132,433. 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 Hamilton County, Ohio?
The median gross rent in Hamilton County, Ohio is $1,075 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Hamilton County in 2020?
In 2020, the median gross rent in Hamilton County, Ohio was $831 per month.
What is the price-to-rent ratio in Hamilton County, Ohio?
The price-to-rent ratio in Hamilton County, Ohio is about 10.3, meaning it would take roughly 10.3 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 Hamilton County.
Are home prices or rent rising faster in Hamilton County, Ohio?
Both home prices and rent are rising in Hamilton County, up about 3.8% and 5.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Hamilton County, Ohio?
55.2% of households in Hamilton County, Ohio own their home, lower than the Ohio average of 61.7%.
What is the vacancy rate in Hamilton County, Ohio?
The housing vacancy rate in Hamilton County, Ohio is 7.0%, lower than the Ohio average of 8.1%.
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