Twinsburg, Ohio Housing Market Prices
Twinsburg 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 125% above the Ohio median$312,282
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Median rent 33% above the Ohio median$1,378
Housing Market Overview
| Metric | Twinsburg | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $312,282 | $139,044 | $248,835 |
| Price Trend (Annual %) | 28.9% | 6.7% | 7.5% |
| Median Gross Rent | $1,378 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Twinsburg is about 125% higher than in Ohio. Rent is about 33% 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 Twinsburg, up about 28.9% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Twinsburg rose about 34.0% between 2015 and 2024, from $1,028 to $1,378. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Twinsburg.
Buying the median-priced home in Twinsburg costs roughly 18.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Twinsburg. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Twinsburg | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $312,282 | $139,044 | $248,835 |
| Median Household Income | $101,844 | $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 Twinsburg rose about 135.1%, while median household income rose about 38.0% 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 | Twinsburg | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.3% | 61.7% | 58.5% |
| Rental Rate | 18.9% | 30.1% | 31.2% |
| Vacancy Rate | 2.8% | 8.1% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Twinsburg has a homeownership rate of 78.3%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 2.8%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Twinsburg | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1986 | 1970 | 1978 |
| Median Number of Rooms | 6.9 | 5.9 | 5.5 |
The typical housing unit in Twinsburg was built around 1986. On average, 2.5 people live in a home with about 6.9 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Twinsburg, Ohio.
What is the median home price in Twinsburg, Ohio?
The median home price in Twinsburg, Ohio is $312,282, higher than the Ohio average of $139,044.
What is the average home price in Twinsburg, Ohio?
The typical home price in Twinsburg, Ohio, reported as the median sale price, is $312,282. 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 Twinsburg, Ohio?
The median gross rent in Twinsburg, Ohio is $1,378 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Twinsburg in 2020?
In 2020, the median gross rent in Twinsburg, Ohio was $1,120 per month.
What is the price-to-rent ratio in Twinsburg, Ohio?
The price-to-rent ratio in Twinsburg, Ohio is about 18.9, meaning it would take roughly 18.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Twinsburg.
Are home prices or rent rising faster in Twinsburg, Ohio?
Both home prices and rent are rising in Twinsburg, up about 28.9% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Twinsburg, Ohio?
78.3% of households in Twinsburg, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Twinsburg, Ohio?
The housing vacancy rate in Twinsburg, Ohio is 2.8%, lower than the Ohio average of 8.1%.
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