Holmes County, Ohio Housing Market Prices
Holmes 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 131% above the Ohio median More expensive than 92% of counties in Ohio$321,206
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Median rent 21% below the Ohio median$816
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Holmes County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $321,206 | $139,044 | $248,835 |
| Price Trend (Annual %) | 95.8% | 6.7% | 7.5% |
| Median Gross Rent | $816 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Holmes County is about 131% higher than in Ohio. Rent is about 21% 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 Holmes County, up about 95.8% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Holmes County rose about 45.6% between 2015 and 2024, from $561 to $816. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 4.2 yearly household incomes in Holmes County.
Buying the median-priced home in Holmes County costs roughly 32.8 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 Holmes County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Holmes County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $321,206 | $139,044 | $248,835 |
| Median Household Income | $76,711 | $71,509 | $80,455 |
| Price-to-Income Ratio | 4.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Holmes County rose about 1221.4%, while median household income rose about 59.7% 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 | Holmes County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.6% | 61.7% | 58.5% |
| Rental Rate | 19.3% | 30.1% | 31.2% |
| Vacancy Rate | 8.0% | 8.1% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Holmes County has a homeownership rate of 72.6%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 8.0%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Holmes County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.25 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1984 | 1970 | 1978 |
| Median Number of Rooms | 6.9 | 5.9 | 5.5 |
The typical housing unit in Holmes County was built around 1984. On average, 3.3 people live in a home with about 6.9 rooms, staying for about 17.0 years on average.
Holmes County, OH Housing Compared With Nearby Counties
Holmes County, OH is the 5th largest of the 6 counties compared here, 44,391 residents against a local median of 63,140. Where Holmes County, OH breaks from the counties next to it is median home price, sitting 102% above the local median of $159,396 at $321,206.
The counties themselves spread $237,309 on median home price, so Holmes County, OH sits at one end of an already wide local range rather than apart from it. Holmes County, OH has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Holmes County, OH | 44,391 | $321,206 #1/6 | $816 #5/6 | 79.0% #1/6 |
| Coshocton County, OH | 36,744 | $121,323 | $765 | 72.9% |
| Wayne County, OH | 116,585 | $159,396 | $881 | 76.6% |
| Ashland County, OH | 52,253 | $18,604 | $887 | 77.9% |
| Tuscarawas County, OH | 92,349 | $179,678 | $908 | 68.9% |
| Knox County, OH | 63,140 | $255,913 | $949 | 75.5% |
Frequently Asked Questions
Common questions about the housing market in Holmes County, Ohio.
What is the median home price in Holmes County, Ohio?
The median home price in Holmes County, Ohio is $321,206, higher than the Ohio average of $139,044.
What is the average home price in Holmes County, Ohio?
The typical home price in Holmes County, Ohio, reported as the median sale price, is $321,206. 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 Holmes County, Ohio?
The median gross rent in Holmes County, Ohio is $816 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Holmes County in 2020?
In 2020, the median gross rent in Holmes County, Ohio was $666 per month.
What is the price-to-rent ratio in Holmes County, Ohio?
The price-to-rent ratio in Holmes County, Ohio is about 32.8, meaning it would take roughly 32.8 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 Holmes County.
Are home prices or rent rising faster in Holmes County, Ohio?
Both home prices and rent are rising in Holmes County, up about 95.8% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Holmes County, Ohio?
72.6% of households in Holmes County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Holmes County, Ohio?
The housing vacancy rate in Holmes County, Ohio is 8.0%, lower than the Ohio average of 8.1%.
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