Preble County, Ohio Housing Market
In Preble County, Ohio, the median home value is $180,900, with a median monthly rent of $794. This places Preble County at #1625 nationally out of 3134 counties by median home value, and #47 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: $1,079
- Establishments: 712
- BLS QCEW, 2025
Housing Supply
- Single-family: 45
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,904 (avg $63,444)
- Outflow: 16,394 (avg $63,408)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Preble County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 45311 | 239.4 | +26.99% | 2025 |
| 2 | 45320 | 195.3 | +2.03% | 2025 |
| 3 | 45321 | 120.1 | — | 2024 |
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 Preble County Compares
| Metric | Preble County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $180,900 | $196,325 | $227,706 |
| Median Gross Rent | $794 | $904 | $968 |
| Owner Occupancy Rate | 79.7% | 73.7% | 73.3% |
| Price/Rent Ratio | 19.0 | 17.9 | 18.7 |
Market Analysis
The median home value in Preble County is 7.9% below the Ohio state average and 20.6% below the U.S. national average. The median rent of $794/month is 12.2% below the state average.
With a price-to-rent ratio of 19.0, the buy-vs-rent decision in Preble County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Preble County has an owner-occupancy rate of 79.7%, 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 |
|---|---|---|---|
| Carroll County | Indiana | $180,900 | $890 |
| Shawnee County | Kansas | $180,900 | $1,000 |
| Montgomery County | Ohio | $180,900 | $1,026 |
| Wheatland County | Montana | $180,800 | $730 |
| Murray County | Georgia | $180,700 | $857 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Montgomery County | $180,900 | $1,026 | 62.5% |
| 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).