Miami County, Ohio Housing Market Prices
Miami 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 60% above the Ohio median More expensive than 78% of counties in Ohio$223,077
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Median rent 7% below the Ohio median More expensive than 77% of counties in Ohio$965
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Miami County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $223,077 | $139,044 | $248,835 |
| Price Trend (Annual %) | 22.9% | 6.7% | 7.5% |
| Median Gross Rent | $965 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Miami County is about 60% higher than in Ohio. Rent is about 7% 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 Miami County, up about 22.9% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Miami County rose about 32.4% between 2015 and 2024, from $729 to $965. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Miami County.
Buying the median-priced home in Miami County costs roughly 19.3 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Miami County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Miami County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $223,077 | $139,044 | $248,835 |
| Median Household Income | $76,958 | $71,509 | $80,455 |
| Price-to-Income Ratio | 2.9 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Miami County rose about 282.1%, while median household income rose about 39.2% 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 | Miami County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.8% | 61.7% | 58.5% |
| Rental Rate | 25.3% | 30.1% | 31.2% |
| Vacancy Rate | 4.9% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Miami County has a homeownership rate of 69.8%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 4.9%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Miami County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1968 | 1970 | 1978 |
| Median Number of Rooms | 6.2 | 5.9 | 5.5 |
The typical housing unit in Miami County was built around 1968. On average, 2.4 people live in a home with about 6.2 rooms, staying for about 16.0 years on average.
Miami County, OH Housing Compared With Nearby Counties
Miami County, OH is the 3rd largest of the 4 counties compared here, 110,296 residents against a local median of 135,157. Where Miami County, OH breaks from the counties next to it is median home price, sitting 38% above the local median of $161,588 at $223,077.
The counties themselves spread $123,748 on median home price, so Miami County, OH sits at one end of an already wide local range rather than apart from it. Miami County, OH has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Miami County, OH | 110,296 | $223,077 #2/4 | $965 #2/4 | 73.4% #2/4 |
| Montgomery County, OH | 535,982 | $128,931 | $1,026 | 62.5% |
| Clark County, OH | 135,157 | $161,588 | $872 | 69.4% |
| Champaign County, OH | 38,804 | $252,679 | $905 | 76.8% |
Frequently Asked Questions
Common questions about the housing market in Miami County, Ohio.
What is the median home price in Miami County, Ohio?
The median home price in Miami County, Ohio is $223,077, higher than the Ohio average of $139,044.
What is the average home price in Miami County, Ohio?
The typical home price in Miami County, Ohio, reported as the median sale price, is $223,077. 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 Miami County, Ohio?
The median gross rent in Miami County, Ohio is $965 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Miami County in 2020?
In 2020, the median gross rent in Miami County, Ohio was $783 per month.
What is the price-to-rent ratio in Miami County, Ohio?
The price-to-rent ratio in Miami County, Ohio is about 19.3, meaning it would take roughly 19.3 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Miami County.
Are home prices or rent rising faster in Miami County, Ohio?
Both home prices and rent are rising in Miami County, up about 22.9% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Miami County, Ohio?
69.8% of households in Miami County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Miami County, Ohio?
The housing vacancy rate in Miami County, Ohio is 4.9%, lower than the Ohio average of 8.1%.
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