Defiance County, Ohio Housing Market

In Defiance County, Ohio, the median home value is $163,200, with a median monthly rent of $846. This places Defiance County at #1952 nationally out of 3134 counties by median home value, and #63 within Ohio.

Median Home Value $163,200
Median Rent $846/mo
Owner Occupancy 79.3%
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 Defiance County rose +2.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,589
jobs (private sector)
  • Avg weekly wage: $1,063
  • Establishments: 852
  • BLS QCEW, 2025
🏗️

Housing Supply

46
new units authorized (2025)
  • Single-family: 46
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+685
net migration (filers, 2021-2022)
  • Inflow: 16,548 (avg $67,055)
  • Outflow: 15,863 (avg $67,968)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 45821 215.4 — 2025
2 45813 210.4 +14.64% 2025
3 43556 205.4 — 2025
4 43527 178.1 +17.45% 2025
5 43549 208.9 +19.29% 2025
6 43512 188.6 +3.72% 2025
7 43526 198.3 -3.65% 2025
8 43545 190.5 +6.78% 2025
9 43506 178.5 +6.31% 2025
10 43517 172.2 +1.24% 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 Defiance County Compares

MetricDefiance CountyOhio AverageU.S. Average
Median Home Value $163,200 $196,325 $227,706
Median Gross Rent $846 $904 $968
Owner Occupancy Rate 79.3% 73.7% 73.3%
Price/Rent Ratio 16.1 17.9 18.7

Market Analysis

The median home value in Defiance County is 16.9% below the Ohio state average and 28.3% below the U.S. national average. The median rent of $846/month is 6.4% below the state average.

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

Defiance County has an owner-occupancy rate of 79.3%, 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
Russell County Kentucky $163,200 $681
Renville County Minnesota $163,200 $790
Sargent County North Dakota $163,200 $816
Marion County Arkansas $163,300 $795
Vermilion Parish Louisiana $163,300 $848

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Wyandot County $163,400 $827 74.1%
Noble County $163,600 $707 83.5%
Pike County $163,800 $907 68.5%
Lucas County $163,900 $934 62.0%
Adams County $164,200 $732 71.7%

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).