Pike County, Ohio Housing Market

In Pike County, Ohio, the median home value is $163,800, with a median monthly rent of $907. This places Pike County at #1934 nationally out of 3134 counties by median home value, and #60 within Ohio.

Median Home Value $163,800
Median Rent $907/mo
Owner Occupancy 68.5%
Price/Rent Ratio 15.0

📈 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 Pike County rose +3.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,231
jobs (private sector)
  • Avg weekly wage: $1,238
  • Establishments: 548
  • BLS QCEW, 2025
🏗️

Housing Supply

62
new units authorized (2025)
  • Single-family: 62
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+391
net migration (filers, 2021-2022)
  • Inflow: 10,052 (avg $56,852)
  • Outflow: 9,661 (avg $57,130)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 45661 268.6 +21.02% 2025
2 45648 194.9 -2.48% 2025
3 45690 200.8 -2.02% 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 Pike County Compares

MetricPike CountyOhio AverageU.S. Average
Median Home Value $163,800 $196,325 $227,706
Median Gross Rent $907 $904 $968
Owner Occupancy Rate 68.5% 73.7% 73.3%
Price/Rent Ratio 15.0 17.9 18.7

Market Analysis

The median home value in Pike County is 16.6% below the Ohio state average and 28.1% below the U.S. national average. The median rent of $907/month is about equal to the state average.

With a price-to-rent ratio of 15.0, the buy-vs-rent decision in Pike County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Pike County has an owner-occupancy rate of 68.5%, 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

CountyStateMedian Home ValueMedian Rent
Comanche County Oklahoma $163,800 $970
Lucas County Ohio $163,900 $934
White County Arkansas $163,600 $850
Shelby County Iowa $164,000 $783
Noble County Ohio $163,600 $707

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Lucas County $163,900 $934 62.0%
Noble County $163,600 $707 83.5%
Wyandot County $163,400 $827 74.1%
Adams County $164,200 $732 71.7%
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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).