Hancock County, Ohio Housing Market
In Hancock County, Ohio, the median home value is $204,700, with a median monthly rent of $979. This places Hancock County at #1355 nationally out of 3134 counties by median home value, and #29 within Ohio.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,259
- Establishments: 1,828
- BLS QCEW, 2025
Housing Supply
- Single-family: 76
- Multi-family: 285
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 32,513 (avg $86,088)
- Outflow: 31,143 (avg $86,688)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Hancock County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 45867 | 231.1 | +25.21% | 2025 |
| 2 | 45889 | 224.2 | +27.80% | 2025 |
| 3 | 44804 | 179.8 | — | 2025 |
| 4 | 45856 | 192.6 | +17.83% | 2025 |
| 5 | 44830 | 189.4 | +8.01% | 2025 |
| 6 | 45872 | 177.7 | +7.78% | 2025 |
| 7 | 45840 | 187.2 | +3.76% | 2025 |
| 8 | 43316 | 211.3 | +2.22% | 2025 |
| 9 | 45843 | 209.3 | +2.46% | 2025 |
| 10 | 45881 | 192.4 | — | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hancock County Compares
| Metric | Hancock County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $204,700 | $196,325 | $227,706 |
| Median Gross Rent | $979 | $904 | $968 |
| Owner Occupancy Rate | 70.8% | 73.7% | 73.3% |
| Price/Rent Ratio | 17.4 | 17.9 | 18.7 |
Market Analysis
The median home value in Hancock County is 4.3% above the Ohio state average and 10.1% below the U.S. national average. The median rent of $979/month is 8.3% above the state average.
With a price-to-rent ratio of 17.4, the buy-vs-rent decision in Hancock County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Hancock County has an owner-occupancy rate of 70.8%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Stewart County | Tennessee | $204,700 | $945 |
| Marshall County | Indiana | $204,900 | $938 |
| Garrard County | Kentucky | $204,900 | $794 |
| Irion County | Texas | $204,400 | $1,950 |
| Accomack County | Virginia | $204,300 | $977 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Champaign County | $204,000 | $905 | 76.8% |
| Logan County | $203,200 | $845 | 77.6% |
| Shelby County | $208,100 | $922 | 73.7% |
| Putnam County | $201,100 | $855 | 87.1% |
| Summit County | $208,700 | $1,026 | 67.5% |
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).