Union County, Ohio Housing Market
In Union County, Ohio, the median home value is $344,900, with a median monthly rent of $1,247. This places Union County at #443 nationally out of 3134 counties by median home value, and #3 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: $1,462
- Establishments: 1,538
- BLS QCEW, 2025
Housing Supply
- Single-family: 595
- Multi-family: 373
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 26,576 (avg $132,003)
- Outflow: 24,373 (avg $134,536)
- IRS Statistics of Income
🔗 Explore Union County on Our Sister Sites
Get the complete picture for Union County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Union County Compares
| Metric | Union County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $344,900 | $196,325 | $227,706 |
| Median Gross Rent | $1,247 | $904 | $968 |
| Owner Occupancy Rate | 79.2% | 73.7% | 73.3% |
| Price/Rent Ratio | 23.0 | 17.9 | 18.7 |
Market Analysis
The median home value in Union County is 75.7% above the Ohio state average and 51.5% above the U.S. national average. The median rent of $1,247/month is 37.9% above the state average.
With a price-to-rent ratio of 23.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Union County has an owner-occupancy rate of 79.2%, 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 |
|---|---|---|---|
| Jackson County | Georgia | $345,000 | $1,126 |
| Washington County | Wisconsin | $344,800 | $1,153 |
| Platte County | Missouri | $345,100 | $1,334 |
| Grafton County | New Hampshire | $344,500 | $1,301 |
| Lake County | Illinois | $345,700 | $1,477 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Warren County | $349,400 | $1,361 | 79.4% |
| Geauga County | $331,100 | $1,083 | 87.2% |
| Fairfield County | $298,800 | $1,172 | 74.9% |
| Franklin County | $288,400 | $1,302 | 52.8% |
| Medina County | $287,000 | $1,143 | 80.3% |
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).