Van Wert County, Ohio Housing Market Prices
Van Wert 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 39% below the Ohio median Cheaper than 74% of counties in Ohio$84,445
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Median rent 24% below the Ohio median Cheaper than 85% of counties in Ohio$781
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Van Wert County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $84,445 | $139,044 | $248,835 |
| Price Trend (Annual %) | 5.6% | 6.7% | 7.5% |
| Median Gross Rent | $781 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.3% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Van Wert County is about 39% lower than in Ohio. Rent is about 24% 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 Van Wert County, up about 5.6% and 2.3% a year respectively. Home prices are changing faster.
Median rent in Van Wert County rose about 23.2% between 2015 and 2024, from $634 to $781. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Van Wert County.
Buying the median-priced home in Van Wert County costs roughly 9.0 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 Van Wert County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Van Wert County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $84,445 | $139,044 | $248,835 |
| Median Household Income | $68,617 | $71,509 | $80,455 |
| Price-to-Income Ratio | 1.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Van Wert County rose about 56.4%, while median household income rose about 44.6% 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 | Van Wert County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.4% | 61.7% | 58.5% |
| Rental Rate | 16.5% | 30.1% | 31.2% |
| Vacancy Rate | 8.1% | 8.1% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Van Wert County has a homeownership rate of 75.4%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 8.1%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Van Wert County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1963 | 1970 | 1978 |
| Median Number of Rooms | 6.6 | 5.9 | 5.5 |
The typical housing unit in Van Wert County was built around 1963. On average, 2.5 people live in a home with about 6.6 rooms, staying for about 19.0 years on average.
Van Wert County, OH Housing Compared With Nearby Counties
Van Wert County, OH is the 4th largest of the 5 counties compared here, 28,826 residents against a local median of 40,413. Where Van Wert County, OH breaks from the counties next to it is median home price, sitting 27% below the local median of $115,161 at $84,445.
The counties themselves spread $123,006 on median home price, so Van Wert County, OH sits at one end of an already wide local range rather than apart from it. Van Wert County, OH has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Van Wert County, OH | 28,826 | $84,445 #4/5 | $781 #5/5 | 82.1% #1/5 |
| Paulding County, OH | 18,791 | $32,500 | $812 | 80.1% |
| Mercer County, OH | 42,484 | $142,672 | $804 | 79.6% |
| Auglaize County, OH | 46,123 | $87,651 | $867 | 78.1% |
| Defiance County, OH | 38,343 | $155,506 | $845 | 79.3% |
Frequently Asked Questions
Common questions about the housing market in Van Wert County, Ohio.
What is the median home price in Van Wert County, Ohio?
The median home price in Van Wert County, Ohio is $84,445, lower than the Ohio average of $139,044.
What is the average home price in Van Wert County, Ohio?
The typical home price in Van Wert County, Ohio, reported as the median sale price, is $84,445. 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 Van Wert County, Ohio?
The median gross rent in Van Wert County, Ohio is $781 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Van Wert County in 2020?
In 2020, the median gross rent in Van Wert County, Ohio was $706 per month.
What is the price-to-rent ratio in Van Wert County, Ohio?
The price-to-rent ratio in Van Wert County, Ohio is about 9.0, meaning it would take roughly 9.0 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 Van Wert County.
Are home prices or rent rising faster in Van Wert County, Ohio?
Both home prices and rent are rising in Van Wert County, up about 5.6% and 2.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Van Wert County, Ohio?
75.4% of households in Van Wert County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Van Wert County, Ohio?
The housing vacancy rate in Van Wert County, Ohio is 8.1%, about the same as the Ohio average.
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