Geauga County, Ohio Housing Market

In Geauga County, Ohio, the median home value is $331,100, with a median monthly rent of $1,083. This places Geauga County at #484 nationally out of 3134 counties by median home value, and #4 within Ohio.

Median Home Value $331,100
Median Rent $1,083/mo
Owner Occupancy 87.2%
Price/Rent Ratio 25.5

📈 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 Geauga County rose +4.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

33,535
jobs (private sector)
  • Avg weekly wage: $1,120
  • Establishments: 3,110
  • BLS QCEW, 2025
🏗️

Housing Supply

180
new units authorized (2025)
  • Single-family: 180
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1124
net migration (filers, 2021-2022)
  • Inflow: 40,216 (avg $136,648)
  • Outflow: 39,092 (avg $135,718)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 44021 176.9 -4.04% 2025
2 44072 176.9 -0.85% 2025
3 44065 195.5 +12.44% 2025
4 44046 170.9 +0.20% 2025
5 44234 205.3 +15.77% 2025
6 44202 214.0 +7.65% 2025
7 44094 179.7 +6.78% 2025
8 44023 198.9 +11.47% 2025
9 44024 177.8 +3.01% 2025
10 44026 178.2 +3.20% 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 Geauga County Compares

MetricGeauga CountyOhio AverageU.S. Average
Median Home Value $331,100 $196,325 $227,706
Median Gross Rent $1,083 $904 $968
Owner Occupancy Rate 87.2% 73.7% 73.3%
Price/Rent Ratio 25.5 17.9 18.7

Market Analysis

The median home value in Geauga County is 68.6% above the Ohio state average and 45.4% above the U.S. national average. The median rent of $1,083/month is 19.8% above the state average.

With a price-to-rent ratio of 25.5, Geauga County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Geauga County has an owner-occupancy rate of 87.2%, 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
Billings County North Dakota $331,000 $621
Gloucester County Virginia $331,000 $1,096
Kent County Maryland $330,900 $1,209
Montezuma County Colorado $331,400 $942
Olmsted County Minnesota $331,700 $1,370

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Union County $344,900 $1,247 79.2%
Warren County $349,400 $1,361 79.4%
Fairfield County $298,800 $1,172 74.9%
Franklin County $288,400 $1,302 52.8%
Medina County $287,000 $1,143 80.3%

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).