Noble County, Ohio Housing Market Prices
Noble 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 349% above the Ohio median Most expensive county in Ohio$625,000
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Median rent 32% below the Ohio median Among the top 3 cheapest counties in Ohio$706
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Noble County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $139,044 | $248,835 |
| Price Trend (Annual %) | 35.3% | 6.7% | 7.5% |
| Median Gross Rent | $706 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.0% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Noble County is about 349% higher than in Ohio. Rent is about 32% 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 Noble County, up about 35.3% and 2.0% a year respectively. Home prices are changing faster.
Median rent in Noble County rose about 18.9% between 2015 and 2024, from $594 to $706. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 11.1 yearly household incomes in Noble County.
Buying the median-priced home in Noble County costs roughly 73.7 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 Noble County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Noble County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $139,044 | $248,835 |
| Median Household Income | $56,245 | $71,509 | $80,455 |
| Price-to-Income Ratio | 11.1 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Noble County rose about 257.1%, while median household income rose about 23.9% 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 | Noble County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.6% | 61.7% | 58.5% |
| Rental Rate | 13.1% | 30.1% | 31.2% |
| Vacancy Rate | 20.3% | 8.1% | 10.2% |
| Median Tenure (years) | 23.0 | 16.0 | 15.0 |
| Median Year Moved In | 2003 | 2010 | 2011 |
Noble County has a homeownership rate of 66.6%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 20.3%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Noble County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1975 | 1970 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Noble County was built around 1975. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 23.0 years on average.
Noble County, OH Housing Compared With Nearby Counties
Noble County, OH is the 3rd largest of the 5 counties compared here, 14,282 residents against a local median of 25,937. Noble County, OH's median home price, at $625,000, runs more than 5 times the $120,820 typical of the counties around it.
The counties themselves sit within $208,563 of each other on median home price, a tighter band than the gap between any of them and Noble County, OH, which makes it a genuine outlier here rather than one end of a wide local spread. Noble County, OH has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Noble County, OH | 14,282 | $625,000 #1/5 | $706 #4/5 | 83.5% #1/5 |
| Guernsey County, OH | 38,223 | $61,705 | $864 | 72.1% |
| Washington County, OH | 58,978 | $222,802 | $852 | 75.4% |
| Monroe County, OH | 13,227 | $179,934 | $672 | 79.9% |
| Morgan County, OH | 13,651 | $14,238 | $741 | 78.9% |
Frequently Asked Questions
Common questions about the housing market in Noble County, Ohio.
What is the median home price in Noble County, Ohio?
The median home price in Noble County, Ohio is $625,000, higher than the Ohio average of $139,044.
What is the average home price in Noble County, Ohio?
The typical home price in Noble County, Ohio, reported as the median sale price, is $625,000. 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 Noble County, Ohio?
The median gross rent in Noble County, Ohio is $706 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Noble County in 2020?
In 2020, the median gross rent in Noble County, Ohio was $622 per month.
What is the price-to-rent ratio in Noble County, Ohio?
The price-to-rent ratio in Noble County, Ohio is about 73.7, meaning it would take roughly 73.7 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 Noble County.
Are home prices or rent rising faster in Noble County, Ohio?
Both home prices and rent are rising in Noble County, up about 35.3% and 2.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Noble County, Ohio?
66.6% of households in Noble County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Noble County, Ohio?
The housing vacancy rate in Noble County, Ohio is 20.3%, higher than the Ohio average of 8.1%.
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