Henry County, Ohio Housing Market

In Henry County, Ohio, the median home value is $168,600, with a median monthly rent of $849. This places Henry County at #1834 nationally out of 3134 counties by median home value, and #54 within Ohio.

Median Home Value $168,600
Median Rent $849/mo
Owner Occupancy 82.5%
Price/Rent Ratio 16.5

📈 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 Henry County rose +4.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

8,740
jobs (private sector)
  • Avg weekly wage: $1,116
  • Establishments: 582
  • BLS QCEW, 2025
🏗️

Housing Supply

19
new units authorized (2025)
  • Single-family: 19
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+277
net migration (filers, 2021-2022)
  • Inflow: 12,133 (avg $69,390)
  • Outflow: 11,856 (avg $69,725)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Henry County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 43534 211.6 -3.50% 2025
2 43522 216.9 +9.56% 2025
3 43524 117.7 -6.61% 2021

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 Henry County Compares

MetricHenry CountyOhio AverageU.S. Average
Median Home Value $168,600 $196,325 $227,706
Median Gross Rent $849 $904 $968
Owner Occupancy Rate 82.5% 73.7% 73.3%
Price/Rent Ratio 16.5 17.9 18.7

Market Analysis

The median home value in Henry County is 14.1% below the Ohio state average and 26.0% below the U.S. national average. The median rent of $849/month is 6.1% below the state average.

With a price-to-rent ratio of 16.5, the buy-vs-rent decision in Henry County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Henry County has an owner-occupancy rate of 82.5%, 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
Ozark County Missouri $168,600 $631
Rockingham County North Carolina $168,600 $810
Upson County Georgia $168,700 $849
Clayton County Iowa $168,500 $790
Owen County Kentucky $168,700 $830

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Highland County $168,900 $780 74.3%
Clark County $169,900 $872 69.4%
Fayette County $170,700 $822 64.7%
Huron County $166,000 $848 74.0%
Ross County $171,500 $906 69.6%

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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).