I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Ohio
💡 Key Ohio housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $230,250[1] | #41 of 50 states | 37.4% lower |
Median Listing Price | $269,200[2] | #49 of 50 states | 38.9% lower |
Median Sale Price | $263,700[3] | #44 of 50 states | 37.1% lower |
30 Year Mortgage Rate | 6.95%[4] | #15 of 50 states | 0.4% lower |
Median Days on Market | 40[5] | #5 of 50 states | 28.8% shorter |
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🗺️ Buying a house in the Ohio real estate market
Ohio has an affordability score of 4.5, meaning it takes 4.5 years of the median household income ($58,116) to afford Ohio's median home sale price ($263,700). Because of this, we rank Ohio as the 4th most affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $263,700[6] | #44 of 50 states | 37.1% lower |
30 Year Mortgage Rate | 6.95%[7] | #15 of 50 states | 0.4% lower |
Median Household Income | $58,116[8] | #36 of 50 states | 9.9% lower |
Affordability Ratio | 4.5 | #4 of 50 states | 29.1% lower |
Buyers Agent Commission | 2.68%[9] | #44 of 50 states | 5.6% higher |
Resources for Ohio home buyers
Preparing to buy in Ohio
🗺️ Selling a house in the Ohio real estate market
According to our detailed survey of Ohio real estate agents, listing agents (those representing the seller) charge an average commission in Ohio of 2.92%, which is the 5th highest in the United States. Buyers' agents charge an average commission of 2.68%, which is the 7th highest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $269,200[10] | #49 of 50 states | 38.9% lower |
Median Sale Price | $263,700[11] | #44 of 50 states | 37.1% lower |
Median Days on Market | 40[12] | #5 of 50 states | 28.8% shorter |
Buyer's Agent Commission | 2.68%[13] | #44 of 50 states | 5.6% higher |
Listing Agent Commission | 2.92%[14] | #46 of 50 states | 7.2% higher |
Resources for Ohio home sellers
Preparing to sell in Ohio
- 8 Steps to Selling a House in Ohio
- Average Time to Sell a House in Ohio
- When Is the Best Time to Sell a House in Ohio?
- Top Real Estate Agents in Ohio
Ohio home selling costs and requirements
Moving to Ohio
According to our recent moving trends survey[15], 6% of Americans indicated that they would choose to move to Ohio if money were no object. Likewise, 6% of survey respondents indicated that they would move to Cincinnati among a choice of America's largest cities, and 5% indicated that they would move to Cleveland. Among medium-sized cities, 9% indicated that they would move to Toledo, and 8% indicated that they would move to Akron.
Here's how Ohio cities rank in a number of our research studies.
Study | Best Ohio city | Rank |
Best Pizza Cities[16] | Cleveland | 22nd best |
Best Coffee Cities[17] | Columbus | 22nd best |
Best LGBTQ Cities[18] | Cleveland | 19th best |
Best Bike Cities[19] | Columbus | 22nd best |
Best Commuter Cities[20] | Columbus | 5th best |