Pike County, Ohio Housing Market Prices
Pike 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 345% above the Ohio median Among the 3 most expensive counties in Ohio$618,589
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Median rent 12% below the Ohio median$907
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Pike County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $618,589 | $139,044 | $248,835 |
| Price Trend (Annual %) | 40.9% | 6.7% | 7.5% |
| Median Gross Rent | $907 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pike County is about 345% higher than in Ohio. Rent is about 12% 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 Pike County, up about 40.9% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Pike County rose about 36.6% between 2015 and 2024, from $664 to $907. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 11.7 yearly household incomes in Pike County.
Buying the median-priced home in Pike County costs roughly 56.8 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 Pike County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Pike County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $618,589 | $139,044 | $248,835 |
| Median Household Income | $52,937 | $71,509 | $80,455 |
| Price-to-Income Ratio | 11.7 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pike County rose about 1024.7%, while median household income rose about 39.4% 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 | Pike County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.5% | 61.7% | 58.5% |
| Rental Rate | 28.3% | 30.1% | 31.2% |
| Vacancy Rate | 10.3% | 8.1% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Pike County has a homeownership rate of 61.5%, about the same as the Ohio average of 61.7%. Its housing vacancy rate is 10.3%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Pike County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1984 | 1970 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Pike County was built around 1984. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 17.0 years on average.
Pike County, OH Housing Compared With Nearby Counties
Pike County, OH is the smallest of the 6 counties compared here, 27,044 residents against a local median of 43,517. Where Pike County, OH breaks from the counties next to it is median home price, sitting more than 8 times the local median of $70,154 at $618,589.
Median rent tells the same story from another angle: $907 against a local median of $769, 18% above it. The counties themselves sit within $66,716 of each other on median home price, a tighter band than the gap between any of them and Pike County, OH, which makes it a genuine outlier here rather than one end of a wide local spread. Pike County, OH has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pike County, OH | 27,044 | $618,589 #1/6 | $907 #1/6 | 68.5% #5/6 |
| Ross County, OH | 76,492 | $70,154 | $906 | 69.6% |
| Scioto County, OH | 72,625 | $73,511 | $741 | 68.4% |
| Jackson County, OH | 32,650 | $6,794 | $769 | 73.9% |
| Adams County, OH | 27,540 | $72,963 | $731 | 71.7% |
| Highland County, OH | 43,517 | $37,682 | $780 | 74.3% |
Frequently Asked Questions
Common questions about the housing market in Pike County, Ohio.
What is the median home price in Pike County, Ohio?
The median home price in Pike County, Ohio is $618,589, higher than the Ohio average of $139,044.
What is the average home price in Pike County, Ohio?
The typical home price in Pike County, Ohio, reported as the median sale price, is $618,589. 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 Pike County, Ohio?
The median gross rent in Pike County, Ohio is $907 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Pike County in 2020?
In 2020, the median gross rent in Pike County, Ohio was $725 per month.
What is the price-to-rent ratio in Pike County, Ohio?
The price-to-rent ratio in Pike County, Ohio is about 56.8, meaning it would take roughly 56.8 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 Pike County.
Are home prices or rent rising faster in Pike County, Ohio?
Both home prices and rent are rising in Pike County, up about 40.9% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pike County, Ohio?
61.5% of households in Pike County, Ohio own their home, about the same as the Ohio average.
What is the vacancy rate in Pike County, Ohio?
The housing vacancy rate in Pike County, Ohio is 10.3%, higher than the Ohio average of 8.1%.
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