Montgomery County, Ohio Housing Market
In Montgomery County, Ohio, the median home value is $180,900, with a median monthly rent of $1,026. This places Montgomery County at #1626 nationally out of 3134 counties by median home value, and #48 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: $1,212
- Establishments: 12,824
- BLS QCEW, 2025
Housing Supply
- Single-family: 630
- Multi-family: 449
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 224,277 (avg $72,772)
- Outflow: 218,135 (avg $73,369)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Montgomery County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 45405 | 146.9 | +8.67% | 2025 |
| 2 | 45426 | 169.3 | +0.22% | 2025 |
| 3 | 45439 | 219.0 | +8.28% | 2025 |
| 4 | 45416 | 172.2 | +0.30% | 2025 |
| 5 | 45406 | 169.2 | +8.53% | 2025 |
| 6 | 45345 | 196.1 | +8.04% | 2025 |
| 7 | 45420 | 210.2 | +6.42% | 2025 |
| 8 | 45404 | 164.9 | +2.35% | 2025 |
| 9 | 45449 | 204.9 | +4.40% | 2025 |
| 10 | 45381 | 212.2 | +2.41% | 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.
🔗 Explore Montgomery County on Our Sister Sites
Get the complete picture for Montgomery County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Montgomery County Compares
| Metric | Montgomery County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $180,900 | $196,325 | $227,706 |
| Median Gross Rent | $1,026 | $904 | $968 |
| Owner Occupancy Rate | 62.5% | 73.7% | 73.3% |
| Price/Rent Ratio | 14.7 | 17.9 | 18.7 |
Market Analysis
The median home value in Montgomery County is 7.9% below the Ohio state average and 20.6% below the U.S. national average. The median rent of $1,026/month is 13.5% above the state average.
With a price-to-rent ratio of 14.7, buying a home in Montgomery 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.
Montgomery County has an owner-occupancy rate of 62.5%, 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 |
|---|---|---|---|
| Carroll County | Indiana | $180,900 | $890 |
| Shawnee County | Kansas | $180,900 | $1,000 |
| Preble County | Ohio | $180,900 | $794 |
| Wheatland County | Montana | $180,800 | $730 |
| Murray County | Georgia | $180,700 | $857 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Preble County | $180,900 | $794 | 79.7% |
| Muskingum County | $182,200 | $833 | 68.2% |
| Carroll County | $183,100 | $863 | 78.7% |
| Athens County | $185,000 | $939 | 60.4% |
| Tuscarawas County | $185,400 | $908 | 68.9% |
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).