Hamilton County, Ohio Housing Market

In Hamilton County, Ohio, the median home value is $241,900, with a median monthly rent of $1,075. This places Hamilton County at #959 nationally out of 3134 counties by median home value, and #15 within Ohio.

Median Home Value $241,900
Median Rent $1,075/mo
Owner Occupancy 59.3%
Price/Rent Ratio 18.8

📈 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 Hamilton County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

459,152
jobs (private sector)
  • Avg weekly wage: $1,530
  • Establishments: 26,603
  • BLS QCEW, 2025
🏗️

Housing Supply

1,162
new units authorized (2025)
  • Single-family: 648
  • Multi-family: 514
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4792
net migration (filers, 2021-2022)
  • Inflow: 343,559 (avg $108,571)
  • Outflow: 338,767 (avg $109,547)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 45232 291.3 +22.07% 2025
2 45174 265.4 +4.11% 2025
3 45243 290.4 +7.05% 2025
4 45242 274.9 +5.25% 2025
5 45252 203.8 +1.97% 2025
6 45216 204.4 -2.09% 2025
7 45249 225.6 +6.80% 2025
8 45217 215.0 +10.50% 2025
9 45237 224.5 +1.76% 2025
10 45207 331.8 +17.05% 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 Hamilton County Compares

MetricHamilton CountyOhio AverageU.S. Average
Median Home Value $241,900 $196,325 $227,706
Median Gross Rent $1,075 $904 $968
Owner Occupancy Rate 59.3% 73.7% 73.3%
Price/Rent Ratio 18.8 17.9 18.7

Market Analysis

The median home value in Hamilton County is 23.2% above the Ohio state average and 6.2% above the U.S. national average. The median rent of $1,075/month is 18.9% above the state average.

With a price-to-rent ratio of 18.8, the buy-vs-rent decision in Hamilton County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Hamilton County has an owner-occupancy rate of 59.3%, 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
Kalamazoo County Michigan $241,800 $1,093
Lebanon County Pennsylvania $242,000 $1,110
Hughes County South Dakota $242,000 $990
Harney County Oregon $242,100 $684
Wayne County Pennsylvania $242,100 $1,038

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Knox County $239,400 $950 75.5%
Madison County $250,100 $943 77.5%
Greene County $252,200 $1,135 68.0%
Miami County $229,100 $966 73.4%
Wood County $227,600 $972 64.4%

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).