Lucas County, Ohio Housing Market
In Lucas County, Ohio, the median home value is $163,900, with a median monthly rent of $934. This places Lucas County at #1933 nationally out of 3134 counties by median home value, and #59 within Ohio.
How is this calculated?
Composite of 4 axes: Affordability (30%), Stability (25%), Momentum (25%), Vitality (20%), each normalized as a percentile rank across 3134 U.S. counties. Editorial rating only — not investment advice or a property valuation.
Market Phase classifies the current state of the market based on 5-year price growth and recent FHFA momentum: 🔥 Boom · 📈 Growth · ⚖️ Stable · ❄️ Cooling · 🌱 Recovering. This is a present-state classification, not a forecast.
📈 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: $1,221
- Establishments: 10,701
- BLS QCEW, 2025
Housing Supply
- Single-family: 273
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 175,194 (avg $72,764)
- Outflow: 171,207 (avg $72,988)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Lucas County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 43605 | 152.1 | -7.10% | 2025 |
| 2 | 43542 | 211.7 | +18.93% | 2025 |
| 3 | 43608 | 139.0 | +1.96% | 2025 |
| 4 | 43611 | 180.9 | +8.71% | 2025 |
| 5 | 43607 | 173.3 | +10.91% | 2025 |
| 6 | 43612 | 161.4 | +7.44% | 2025 |
| 7 | 43620 | 166.5 | -3.52% | 2025 |
| 8 | 43412 | 174.8 | +15.53% | 2025 |
| 9 | 43528 | 169.7 | -4.19% | 2025 |
| 10 | 43560 | 184.1 | +7.91% | 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 Lucas County Compares
| Metric | Lucas County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $163,900 | $196,325 | $227,706 |
| Median Gross Rent | $934 | $904 | $968 |
| Owner Occupancy Rate | 62.0% | 73.7% | 73.3% |
| Price/Rent Ratio | 14.6 | 17.9 | 18.7 |
Market Analysis
The median home value in Lucas County is 16.5% below the Ohio state average and 28.0% below the U.S. national average. The median rent of $934/month is 3.3% above the state average.
With a price-to-rent ratio of 14.6, buying a home in Lucas County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Lucas County has an owner-occupancy rate of 62.0%, 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 |
|---|---|---|---|
| Shelby County | Iowa | $164,000 | $783 |
| Pike County | Ohio | $163,800 | $907 |
| Comanche County | Oklahoma | $163,800 | $970 |
| Mercer County | Pennsylvania | $164,000 | $843 |
| Crawford County | Georgia | $164,100 | $914 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pike County | $163,800 | $907 | 68.5% |
| Adams County | $164,200 | $732 | 71.7% |
| Noble County | $163,600 | $707 | 83.5% |
| Wyandot County | $163,400 | $827 | 74.1% |
| Defiance County | $163,200 | $846 | 79.3% |
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 2026-10-15. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).