Knox County, Ohio Housing Market

In Knox County, Ohio, the median home value is $239,400, with a median monthly rent of $950. This places Knox County at #990 nationally out of 3134 counties by median home value, and #16 within Ohio.

Median Home Value $239,400
Median Rent $950/mo
Owner Occupancy 75.5%
Price/Rent Ratio 21.0

📈 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 Knox County rose +4.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

17,439
jobs (private sector)
  • Avg weekly wage: $1,125
  • Establishments: 1,256
  • BLS QCEW, 2025
🏗️

Housing Supply

270
new units authorized (2025)
  • Single-family: 154
  • Multi-family: 116
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+949
net migration (filers, 2021-2022)
  • Inflow: 24,468 (avg $72,189)
  • Outflow: 23,519 (avg $72,083)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Knox County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 43022 255.2 +34.12% 2025
2 44813 250.8 +2.22% 2025
3 43080 258.5 +11.89% 2025
4 44822 218.0 +9.45% 2025
5 43028 259.4 — 2025
6 43050 237.7 +4.44% 2025
7 43019 240.0 +9.41% 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 Knox County Compares

MetricKnox CountyOhio AverageU.S. Average
Median Home Value $239,400 $196,325 $227,706
Median Gross Rent $950 $904 $968
Owner Occupancy Rate 75.5% 73.7% 73.3%
Price/Rent Ratio 21.0 17.9 18.7

Market Analysis

The median home value in Knox County is 21.9% above the Ohio state average and 5.1% above the U.S. national average. The median rent of $950/month is 5.1% above the state average.

With a price-to-rent ratio of 21.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Knox County has an owner-occupancy rate of 75.5%, 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
Anderson County Tennessee $239,400 $1,031
Kit Carson County Colorado $239,500 $973
Rio Grande County Colorado $239,500 $945
Tippecanoe County Indiana $239,300 $1,124
Pine County Minnesota $239,300 $877

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Hamilton County $241,900 $1,075 59.3%
Miami County $229,100 $966 73.4%
Madison County $250,100 $943 77.5%
Wood County $227,600 $972 64.4%
Portage County $227,000 $1,064 70.1%

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).