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 | Harrison County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $514,706 | $130,696 | $242,182 |
| Price Trend (Annual %) | 87.3% | 6.8% | 8.2% |
| Median Gross Rent | $753 | $987 | $1,342 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Harrison County is about 294% higher than in Ohio. Rent is about 24% 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 Harrison County, up about 87.3% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Harrison County rose about 24.4% between 2015 and 2023, from $606 to $753. Over the same span, rent in Ohio rose about 35.4%.
Affordability
On average, housing unit costs 9.6 yearly household incomes in Harrison County.
Buying the median-priced home in Harrison County costs roughly 56.9 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 Harrison County. The price-to-rent ratio in Ohio is about 11.0.
| Metric | Harrison County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $514,706 | $130,696 | $242,182 |
| Median Household Income | $53,731 | $69,785 | $78,145 |
| Price-to-Income Ratio | 9.6 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Harrison County rose about 622.4%, while median household income rose about 51.9% between 2009 and 2023 — 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 | Harrison County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.4% | 61.4% | 58.2% |
| Rental Rate | 18.7% | 30.2% | 31.3% |
| Vacancy Rate | 20.0% | 8.4% | 10.6% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Harrison County has a homeownership rate of 61.4%, about the same as the Ohio average of 61.4%. Its housing vacancy rate is 20.0%, compared with 8.4% in Ohio.
Housing Stock
| Metric | Harrison County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.38 people | 2.54 people |
| Median Structure Built Year | 1967 | 1970 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Harrison County was built around 1967. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Harrison County, Ohio.
What is the median home price in Harrison County, Ohio?
The median home price in Harrison County, Ohio is $514,706, higher than the Ohio average of $130,696.
What is the average home price in Harrison 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 Harrison County, Ohio?
The median gross rent in Harrison County, Ohio is $753 per month, lower than the Ohio average of $987.
What was the median gross rent in Harrison County in 2020?
In 2020, the median gross rent in Harrison County, Ohio was $584 per month.
What is the price-to-rent ratio in Harrison County, Ohio?
The price-to-rent ratio in Harrison County, Ohio is about 56.9, meaning it would take roughly 56.9 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 Harrison County.
Are home prices or rent rising faster in Harrison County, Ohio?
Both home prices and rent are rising in Harrison County, up about 87.3% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Harrison County, Ohio?
61.4% of households in Harrison County, Ohio own their home, about the same as the Ohio average.
What is the vacancy rate in Harrison County, Ohio?
The housing vacancy rate in Harrison County, Ohio is 20.0%, higher than the Ohio average of 8.4%.