Housing Market Overview
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 Map: Nearby Counties
Housing Market Overview
| Metric | Sandusky County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,660 | $130,696 | $242,182 |
| Price Trend (Annual %) | 9.4% | 6.8% | 8.2% |
| Median Gross Rent | $785 | $987 | $1,342 |
| Rent Trend (Annual %) | 2.9% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sandusky County is about 8% lower than in Ohio. Rent is about 20% lower than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Sandusky County, up about 9.4% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Sandusky County rose about 23.9% between 2015 and 2023, from $634 to $785. Over the same span, rent in Ohio rose about 35.4%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Sandusky County.
Buying the median-priced home in Sandusky County costs roughly 12.8 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 Sandusky County. The price-to-rent ratio in Ohio is about 11.0.
| Metric | Sandusky County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,660 | $130,696 | $242,182 |
| Median Household Income | $62,556 | $69,785 | $78,145 |
| Price-to-Income Ratio | 1.9 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Sandusky County rose about 20.1%, while median household income rose about 30.3% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Sandusky County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.6% | 61.4% | 58.2% |
| Rental Rate | 23.7% | 30.2% | 31.3% |
| Vacancy Rate | 7.6% | 8.4% | 10.6% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Sandusky County has a homeownership rate of 68.6%, higher than the Ohio average of 61.4%. Its housing vacancy rate is 7.6%, compared with 8.4% in Ohio.
Housing Stock
| Metric | Sandusky County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.38 people | 2.54 people |
| Median Structure Built Year | 1963 | 1970 | 1978 |
| Median Number of Rooms | 6.2 | 5.9 | 5.5 |
The typical housing unit in Sandusky County was built around 1963. On average, 2.4 people live in a home with about 6.2 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Sandusky County, Ohio.
What is the median home price in Sandusky County, Ohio?
The median home price in Sandusky County, Ohio is $120,660, lower than the Ohio average of $130,696.
What is the average home price in Sandusky County, Ohio?
The typical home price in %s, reported as the median sale price, is %s. 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 Sandusky County, Ohio?
The median gross rent in Sandusky County, Ohio is $785 per month, lower than the Ohio average of $987.
What was the median gross rent in Sandusky County in 2020?
In 2020, the median gross rent in Sandusky County, Ohio was $715 per month.
What is the price-to-rent ratio in Sandusky County, Ohio?
The price-to-rent ratio in Sandusky County, Ohio is about 12.8, meaning it would take roughly 12.8 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 Sandusky County.
Are home prices or rent rising faster in Sandusky County, Ohio?
Both home prices and rent are rising in Sandusky County, up about 9.4% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sandusky County, Ohio?
68.6% of households in Sandusky County, Ohio own their home, higher than the Ohio average of 61.4%.
What is the vacancy rate in Sandusky County, Ohio?
The housing vacancy rate in Sandusky County, Ohio is 7.6%, lower than the Ohio average of 8.4%.