Noble County, Ohio Housing Market
In Noble County, Ohio, the median home value is $163,600, with a median monthly rent of $707. This places Noble County at #1937 nationally out of 3134 counties by median home value, and #61 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: $911
- Establishments: 216
- BLS QCEW, 2025
Housing Supply
- Single-family: 17
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,874 (avg $58,418)
- Outflow: 4,763 (avg $58,585)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Noble County Compares
| Metric | Noble County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $163,600 | $196,325 | $227,706 |
| Median Gross Rent | $707 | $904 | $968 |
| Owner Occupancy Rate | 83.5% | 73.7% | 73.3% |
| Price/Rent Ratio | 19.3 | 17.9 | 18.7 |
Market Analysis
The median home value in Noble County is 16.7% below the Ohio state average and 28.2% below the U.S. national average. The median rent of $707/month is 21.8% below the state average.
With a price-to-rent ratio of 19.3, the buy-vs-rent decision in Noble County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Noble County has an owner-occupancy rate of 83.5%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| White County | Arkansas | $163,600 | $850 |
| Martin County | Minnesota | $163,500 | $761 |
| Texas County | Oklahoma | $163,500 | $873 |
| Angelina County | Texas | $163,500 | $1,076 |
| Perry County | Indiana | $163,400 | $682 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pike County | $163,800 | $907 | 68.5% |
| Wyandot County | $163,400 | $827 | 74.1% |
| Lucas County | $163,900 | $934 | 62.0% |
| Defiance County | $163,200 | $846 | 79.3% |
| Adams County | $164,200 | $732 | 71.7% |
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).