Knox County, Ohio Housing Market Prices
Knox 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.
-
Median home price 84% above the Ohio median More expensive than 85% of counties in Ohio$255,913
-
Median rent 8% below the Ohio median More expensive than 75% of counties in Ohio$949
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Knox County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $255,913 | $139,044 | $248,835 |
| Price Trend (Annual %) | 18.4% | 6.7% | 7.5% |
| Median Gross Rent | $949 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Knox County is about 84% higher than in Ohio. Rent is about 8% 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 Knox County, up about 18.4% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Knox County rose about 36.0% between 2015 and 2024, from $698 to $949. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Knox County.
Buying the median-priced home in Knox County costs roughly 22.5 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 Knox County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Knox County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $255,913 | $139,044 | $248,835 |
| Median Household Income | $73,529 | $71,509 | $80,455 |
| Price-to-Income Ratio | 3.5 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Knox County rose about 189.5%, while median household income rose about 51.8% 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 | Knox County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.0% | 61.7% | 58.5% |
| Rental Rate | 22.1% | 30.1% | 31.2% |
| Vacancy Rate | 9.9% | 8.1% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Knox County has a homeownership rate of 68.0%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 9.9%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Knox County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1972 | 1970 | 1978 |
| Median Number of Rooms | 6.4 | 5.9 | 5.5 |
The typical housing unit in Knox County was built around 1972. On average, 2.5 people live in a home with about 6.4 rooms, staying for about 17.0 years on average.
Knox County, OH Housing Compared With Nearby Counties
Knox County, OH is the 3rd largest of the 6 counties compared here, 63,140 residents against a local median of 52,253. Knox County, OH's median home price, at $255,913, runs 245% above the $74,186 typical of the counties around it.
The counties themselves spread $205,838 on median home price, so Knox County, OH sits at one end of an already wide local range rather than apart from it. Knox County, OH has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Knox County, OH | 63,140 | $255,913 #1/6 | $949 #2/6 | 75.5% #3/6 |
| Licking County, OH | 181,835 | $224,442 | $1,078 | 73.7% |
| Morrow County, OH | 35,404 | $54,907 | $937 | 81.2% |
| Richland County, OH | 125,022 | $74,186 | $824 | 67.9% |
| Ashland County, OH | 52,253 | $18,604 | $887 | 77.9% |
| Coshocton County, OH | 36,744 | $121,323 | $765 | 72.9% |
Frequently Asked Questions
Common questions about the housing market in Knox County, Ohio.
What is the median home price in Knox County, Ohio?
The median home price in Knox County, Ohio is $255,913, higher than the Ohio average of $139,044.
What is the average home price in Knox County, Ohio?
The typical home price in Knox County, Ohio, reported as the median sale price, is $255,913. 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 Knox County, Ohio?
The median gross rent in Knox County, Ohio is $949 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Knox County in 2020?
In 2020, the median gross rent in Knox County, Ohio was $768 per month.
What is the price-to-rent ratio in Knox County, Ohio?
The price-to-rent ratio in Knox County, Ohio is about 22.5, meaning it would take roughly 22.5 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 Knox County.
Are home prices or rent rising faster in Knox County, Ohio?
Both home prices and rent are rising in Knox County, up about 18.4% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Knox County, Ohio?
68.0% of households in Knox County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Knox County, Ohio?
The housing vacancy rate in Knox County, Ohio is 9.9%, higher than the Ohio average of 8.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →