Wood County, Ohio Housing Market Prices
Wood 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 6% above the Ohio median$147,858
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Median rent 6% below the Ohio median More expensive than 78% of counties in Ohio$971
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wood County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $147,858 | $139,044 | $248,835 |
| Price Trend (Annual %) | 16.8% | 6.7% | 7.5% |
| Median Gross Rent | $971 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wood County is about 6% higher than in Ohio. Rent is about 6% 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 Wood County, up about 16.8% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Wood County rose about 33.7% between 2015 and 2024, from $726 to $971. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Wood County.
Buying the median-priced home in Wood County 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 Wood County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Wood County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $147,858 | $139,044 | $248,835 |
| Median Household Income | $74,345 | $71,509 | $80,455 |
| Price-to-Income Ratio | 2.0 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wood County rose about 125.7%, while median household income rose about 36.9% 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 | Wood County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.6% | 61.7% | 58.5% |
| Rental Rate | 33.5% | 30.1% | 31.2% |
| Vacancy Rate | 5.9% | 8.1% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Wood County has a homeownership rate of 60.6%, lower than the Ohio average of 61.7%. Its housing vacancy rate is 5.9%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Wood County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.33 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1972 | 1970 | 1978 |
| Median Number of Rooms | 6.1 | 5.9 | 5.5 |
The typical housing unit in Wood County was built around 1972. On average, 2.3 people live in a home with about 6.1 rooms, staying for about 14.0 years on average.
Wood County, OH Housing Compared With Nearby Counties
Wood County, OH is the 2nd largest of the 5 counties compared here, 132,059 residents against a local median of 66,821. Where Wood County, OH breaks from the counties next to it is median home price, sitting 31% above the local median of $113,251 at $147,858.
The counties themselves spread $50,374 on median home price, so Wood County, OH sits at one end of an already wide local range rather than apart from it. Wood County, OH has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Wood County, OH | 132,059 | $147,858 #2/5 | $971 #2/5 | 64.4% #4/5 |
| Lucas County, OH | 427,836 | $115,392 | $934 | 62.0% |
| Hancock County, OH | 74,864 | $111,111 | $978 | 70.8% |
| Sandusky County, OH | 58,778 | $149,137 | $783 | 73.4% |
| Seneca County, OH | 54,770 | $98,763 | $855 | 73.4% |
Frequently Asked Questions
Common questions about the housing market in Wood County, Ohio.
What is the median home price in Wood County, Ohio?
The median home price in Wood County, Ohio is $147,858, higher than the Ohio average of $139,044.
What is the average home price in Wood County, Ohio?
The typical home price in Wood County, Ohio, reported as the median sale price, is $147,858. 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 Wood County, Ohio?
The median gross rent in Wood County, Ohio is $971 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Wood County in 2020?
In 2020, the median gross rent in Wood County, Ohio was $811 per month.
What is the price-to-rent ratio in Wood County, Ohio?
The price-to-rent ratio in Wood County, 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 Wood County.
Are home prices or rent rising faster in Wood County, Ohio?
Both home prices and rent are rising in Wood County, up about 16.8% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wood County, Ohio?
60.6% of households in Wood County, Ohio own their home, lower than the Ohio average of 61.7%.
What is the vacancy rate in Wood County, Ohio?
The housing vacancy rate in Wood County, Ohio is 5.9%, lower than the Ohio average of 8.1%.
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