Butler County, Ohio Housing Market

In Butler County, Ohio, the median home value is $258,500, with a median monthly rent of $1,135. This places Butler County at #845 nationally out of 3134 counties by median home value, and #11 within Ohio.

Median Home Value $258,500
Median Rent $1,135/mo
Owner Occupancy 69.9%
Price/Rent Ratio 19.0

📈 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 Butler County rose +5.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

146,248
jobs (private sector)
  • Avg weekly wage: $1,289
  • Establishments: 9,010
  • BLS QCEW, 2025
🏗️

Housing Supply

1,021
new units authorized (2025)
  • Single-family: 562
  • Multi-family: 459
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4689
net migration (filers, 2021-2022)
  • Inflow: 154,817 (avg $84,009)
  • Outflow: 150,128 (avg $84,656)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 45053 231.2 +10.94% 2025
2 45015 213.0 +11.01% 2025
3 45241 235.8 +11.69% 2025
4 45327 202.7 +2.81% 2025
5 45246 218.2 +5.20% 2025
6 45044 215.3 +4.06% 2025
7 45050 215.2 +3.47% 2025
8 45042 197.5 +10.35% 2025
9 45011 228.8 +6.50% 2025
10 45067 211.8 +6.48% 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 Butler County Compares

MetricButler CountyOhio AverageU.S. Average
Median Home Value $258,500 $196,325 $227,706
Median Gross Rent $1,135 $904 $968
Owner Occupancy Rate 69.9% 73.7% 73.3%
Price/Rent Ratio 19.0 17.9 18.7

Market Analysis

The median home value in Butler County is 31.7% above the Ohio state average and 13.5% above the U.S. national average. The median rent of $1,135/month is 25.6% above the state average.

With a price-to-rent ratio of 19.0, the buy-vs-rent decision in Butler County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Butler County has an owner-occupancy rate of 69.9%, 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

CountyStateMedian Home ValueMedian Rent
Rensselaer County New York $258,400 $1,217
Salem city Virginia $258,600 $1,133
Sauk County Wisconsin $258,600 $1,018
Wakulla County Florida $258,300 $1,108
Story County Iowa $258,700 $1,018

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Pickaway County $256,800 $1,020 74.0%
Greene County $252,200 $1,135 68.0%
Clermont County $266,200 $1,107 73.6%
Madison County $250,100 $943 77.5%
Holmes County $267,700 $816 79.0%

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).