Ross County, Ohio Housing Market
In Ross County, Ohio, the median home value is $171,500, with a median monthly rent of $906. This places Ross County at #1771 nationally out of 3134 counties by median home value, and #50 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: $1,069
- Establishments: 1,428
- BLS QCEW, 2025
Housing Supply
- Single-family: 29
- Multi-family: 30
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 29,291 (avg $60,972)
- Outflow: 28,213 (avg $61,155)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Ross County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 45628 | 230.8 | +19.13% | 2025 |
| 2 | 45647 | 166.0 | +13.32% | 2021 |
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 Ross County Compares
| Metric | Ross County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,500 | $196,325 | $227,706 |
| Median Gross Rent | $906 | $904 | $968 |
| Owner Occupancy Rate | 69.6% | 73.7% | 73.3% |
| Price/Rent Ratio | 15.8 | 17.9 | 18.7 |
Market Analysis
The median home value in Ross County is 12.6% below the Ohio state average and 24.7% below the U.S. national average. The median rent of $906/month is about equal to the state average.
With a price-to-rent ratio of 15.8, the buy-vs-rent decision in Ross County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Ross County has an owner-occupancy rate of 69.6%, 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 |
|---|---|---|---|
| Newton County | Indiana | $171,500 | $918 |
| Reagan County | Texas | $171,500 | $746 |
| Clay County | Texas | $171,500 | $811 |
| Armstrong County | Texas | $171,500 | $1,021 |
| Stone County | Arkansas | $171,600 | $626 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Fayette County | $170,700 | $822 | 64.7% |
| Clark County | $169,900 | $872 | 69.4% |
| Darke County | $173,200 | $779 | 72.4% |
| Highland County | $168,900 | $780 | 74.3% |
| Henry County | $168,600 | $849 | 82.5% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).