Allen County, Ohio Housing Market
In Allen County, Ohio, the median home value is $165,300, with a median monthly rent of $922. This places Allen County at #1898 nationally out of 3134 counties by median home value, and #56 within Ohio.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,158
- Establishments: 2,446
- BLS QCEW, 2025
Housing Supply
- Single-family: 121
- Multi-family: 36
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 41,514 (avg $69,729)
- Outflow: 40,062 (avg $70,506)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Allen County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 45844 | 254.6 | +8.86% | 2025 |
| 2 | 45850 | 251.8 | +4.89% | 2025 |
| 3 | 45810 | 232.1 | +10.30% | 2025 |
| 4 | 45887 | 204.7 | +15.42% | 2025 |
| 5 | 45896 | 217.8 | +7.23% | 2025 |
| 6 | 45804 | 200.5 | +13.19% | 2025 |
| 7 | 45801 | 214.1 | +9.51% | 2025 |
| 8 | 45833 | 204.3 | +10.42% | 2025 |
| 9 | 45807 | 217.1 | +8.48% | 2025 |
| 10 | 45817 | 205.8 | +3.91% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Allen County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Allen County →How Allen County Compares
| Metric | Allen County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $165,300 | $196,325 | $227,706 |
| Median Gross Rent | $922 | $904 | $968 |
| Owner Occupancy Rate | 67.7% | 73.7% | 73.3% |
| Price/Rent Ratio | 14.9 | 17.9 | 18.7 |
Market Analysis
The median home value in Allen County is 15.8% below the Ohio state average and 27.4% below the U.S. national average. The median rent of $922/month is 2.0% above the state average.
With a price-to-rent ratio of 14.9, buying a home in Allen County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Allen County has an owner-occupancy rate of 67.7%, compared to 73.7% in Ohio and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Sumter County | South Carolina | $165,300 | $1,057 |
| Tift County | Georgia | $165,200 | $777 |
| Butler County | Iowa | $165,400 | $812 |
| Pottawatomie County | Oklahoma | $165,400 | $894 |
| Haskell County | Kansas | $165,100 | $830 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Richland County | $164,800 | $824 | 67.9% |
| Huron County | $166,000 | $848 | 74.0% |
| Adams County | $164,200 | $732 | 71.7% |
| Lucas County | $163,900 | $934 | 62.0% |
| Pike County | $163,800 | $907 | 68.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).