Reynoldsburg, Ohio Housing Market Prices
Reynoldsburg 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 34% above the Ohio median$185,669
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Median rent 21% above the Ohio median$1,251
Housing Market Overview
| Metric | Reynoldsburg | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $185,669 | $139,044 | $248,835 |
| Price Trend (Annual %) | 54.0% | 6.7% | 7.5% |
| Median Gross Rent | $1,251 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Reynoldsburg is about 34% higher than in Ohio. Rent is about 21% higher 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 Reynoldsburg, up about 54.0% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Reynoldsburg rose about 44.2% between 2015 and 2024, from $868 to $1,251. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Reynoldsburg.
Buying the median-priced home in Reynoldsburg costs roughly 12.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Reynoldsburg. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Reynoldsburg | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $185,669 | $139,044 | $248,835 |
| Median Household Income | $69,824 | $71,509 | $80,455 |
| Price-to-Income Ratio | 2.7 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Reynoldsburg rose about 247.0%, while median household income rose about 36.2% 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 | Reynoldsburg | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.7% | 61.7% | 58.5% |
| Rental Rate | 40.8% | 30.1% | 31.2% |
| Vacancy Rate | 4.5% | 8.1% | 10.2% |
| Median Tenure (years) | 12.0 | 16.0 | 15.0 |
| Median Year Moved In | 2014 | 2010 | 2011 |
Reynoldsburg has a homeownership rate of 54.7%, lower than the Ohio average of 61.7%. Its housing vacancy rate is 4.5%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Reynoldsburg | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1983 | 1970 | 1978 |
| Median Number of Rooms | 5.6 | 5.9 | 5.5 |
The typical housing unit in Reynoldsburg was built around 1983. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Reynoldsburg, Ohio.
What is the median home price in Reynoldsburg, Ohio?
The median home price in Reynoldsburg, Ohio is $185,669, higher than the Ohio average of $139,044.
What is the average home price in Reynoldsburg, Ohio?
The typical home price in Reynoldsburg, Ohio, reported as the median sale price, is $185,669. 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 Reynoldsburg, Ohio?
The median gross rent in Reynoldsburg, Ohio is $1,251 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Reynoldsburg in 2020?
In 2020, the median gross rent in Reynoldsburg, Ohio was $984 per month.
What is the price-to-rent ratio in Reynoldsburg, Ohio?
The price-to-rent ratio in Reynoldsburg, Ohio is about 12.4, meaning it would take roughly 12.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Reynoldsburg.
Are home prices or rent rising faster in Reynoldsburg, Ohio?
Both home prices and rent are rising in Reynoldsburg, up about 54.0% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Reynoldsburg, Ohio?
54.7% of households in Reynoldsburg, Ohio own their home, lower than the Ohio average of 61.7%.
What is the vacancy rate in Reynoldsburg, Ohio?
The housing vacancy rate in Reynoldsburg, Ohio is 4.5%, lower than the Ohio average of 8.1%.
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