Ashtabula County, Ohio Housing Market

In Ashtabula County, Ohio, the median home value is $159,500, with a median monthly rent of $828. This places Ashtabula County at #2029 nationally out of 3134 counties by median home value, and #65 within Ohio.

Median Home Value $159,500
Median Rent $828/mo
Owner Occupancy 75.7%
Price/Rent Ratio 16.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Ashtabula County rose +5.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

24,927
jobs (private sector)
  • Avg weekly wage: $944
  • Establishments: 2,073
  • BLS QCEW, 2025
🏗️

Housing Supply

160
new units authorized (2025)
  • Single-family: 142
  • Multi-family: 18
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1192
net migration (filers, 2021-2022)
  • Inflow: 39,566 (avg $56,364)
  • Outflow: 38,374 (avg $56,542)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Ashtabula County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 44003 189.9 -9.16% 2025
2 44010 224.4 -15.95% 2025
3 44085 214.5 — 2025
4 44062 176.6 -1.13% 2025
5 44064 193.6 +4.06% 2025
6 44086 174.3 +11.06% 2025
7 44041 198.7 +10.82% 2025
8 44048 156.6 — 2025
9 44057 186.3 +7.94% 2025
10 44084 192.5 +9.25% 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.

How Ashtabula County Compares

MetricAshtabula CountyOhio AverageU.S. Average
Median Home Value $159,500 $196,325 $227,706
Median Gross Rent $828 $904 $968
Owner Occupancy Rate 75.7% 73.7% 73.3%
Price/Rent Ratio 16.1 17.9 18.7

Market Analysis

The median home value in Ashtabula County is 18.8% below the Ohio state average and 30.0% below the U.S. national average. The median rent of $828/month is 8.4% below the state average.

With a price-to-rent ratio of 16.1, the buy-vs-rent decision in Ashtabula County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Ashtabula County has an owner-occupancy rate of 75.7%, compared to 73.7% in Ohio and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Jackson County Alabama $159,500 $780
Buena Vista County Iowa $159,500 $894
Laurel County Kentucky $159,500 $813
Martin County Indiana $159,400 $697
Howard County Missouri $159,400 $832

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Sandusky County $160,700 $783 73.4%
Guernsey County $157,700 $864 72.1%
Marion County $156,800 $864 67.5%
Defiance County $163,200 $846 79.3%
Wyandot County $163,400 $827 74.1%

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).