Trotwood, Ohio Housing Market Prices
Trotwood 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 10% above the Ohio median$153,176
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Median rent 2% below the Ohio median$1,009
Housing Market Overview
| Metric | Trotwood | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $153,176 | $139,044 | $248,835 |
| Price Trend (Annual %) | 25.8% | 6.7% | 7.5% |
| Median Gross Rent | $1,009 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Trotwood is about 10% higher than in Ohio. Rent is about 2% 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 Trotwood, up about 25.8% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Trotwood rose about 45.9% between 2015 and 2024, from $691 to $1,009. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Trotwood.
Buying the median-priced home in Trotwood costs roughly 12.7 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 Trotwood. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Trotwood | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $153,176 | $139,044 | $248,835 |
| Median Household Income | $49,869 | $71,509 | $80,455 |
| Price-to-Income Ratio | 3.1 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Trotwood rose about 97.0%, while median household income rose about 24.0% 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 | Trotwood | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.7% | 61.7% | 58.5% |
| Rental Rate | 38.1% | 30.1% | 31.2% |
| Vacancy Rate | 11.2% | 8.1% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Trotwood has a homeownership rate of 50.7%, lower than the Ohio average of 61.7%. Its housing vacancy rate is 11.2%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Trotwood | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.06 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1966 | 1970 | 1978 |
| Median Number of Rooms | 5.4 | 5.9 | 5.5 |
The typical housing unit in Trotwood was built around 1966. On average, 2.1 people live in a home with about 5.4 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Trotwood, Ohio.
What is the median home price in Trotwood, Ohio?
The median home price in Trotwood, Ohio is $153,176, higher than the Ohio average of $139,044.
What is the average home price in Trotwood, Ohio?
The typical home price in Trotwood, Ohio, reported as the median sale price, is $153,176. 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 Trotwood, Ohio?
The median gross rent in Trotwood, Ohio is $1,009 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Trotwood in 2020?
In 2020, the median gross rent in Trotwood, Ohio was $769 per month.
What is the price-to-rent ratio in Trotwood, Ohio?
The price-to-rent ratio in Trotwood, Ohio is about 12.7, meaning it would take roughly 12.7 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 Trotwood.
Are home prices or rent rising faster in Trotwood, Ohio?
Both home prices and rent are rising in Trotwood, up about 25.8% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Trotwood, Ohio?
50.7% of households in Trotwood, Ohio own their home, lower than the Ohio average of 61.7%.
What is the vacancy rate in Trotwood, Ohio?
The housing vacancy rate in Trotwood, Ohio is 11.2%, higher than the Ohio average of 8.1%.
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