Van Wert County, Ohio Housing Market

In Van Wert County, Ohio, the median home value is $152,000, with a median monthly rent of $782. This places Van Wert County at #2197 nationally out of 3134 counties by median home value, and #73 within Ohio.

Median Home Value $152,000
Median Rent $782/mo
Owner Occupancy 82.1%
Price/Rent Ratio 16.2

📈 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 Van Wert County rose +5.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,389
jobs (private sector)
  • Avg weekly wage: $1,012
  • Establishments: 585
  • BLS QCEW, 2025
🏗️

Housing Supply

45
new units authorized (2025)
  • Single-family: 45
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+439
net migration (filers, 2021-2022)
  • Inflow: 12,377 (avg $67,032)
  • Outflow: 11,938 (avg $67,716)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Van Wert County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 45891 200.8 -0.59% 2025
2 45874 203.6 +27.05% 2022

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 Van Wert County Compares

MetricVan Wert CountyOhio AverageU.S. Average
Median Home Value $152,000 $196,325 $227,706
Median Gross Rent $782 $904 $968
Owner Occupancy Rate 82.1% 73.7% 73.3%
Price/Rent Ratio 16.2 17.9 18.7

Market Analysis

The median home value in Van Wert County is 22.6% below the Ohio state average and 33.2% below the U.S. national average. The median rent of $782/month is 13.5% below the state average.

With a price-to-rent ratio of 16.2, the buy-vs-rent decision in Van Wert County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Van Wert County has an owner-occupancy rate of 82.1%, 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

CountyStateMedian Home ValueMedian Rent
Sherman County Nebraska $152,000 $818
Covington County Alabama $152,100 $746
Columbia County Arkansas $152,100 $649
Montgomery County Arkansas $151,900 $636
Aurora County South Dakota $151,900 $747

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Columbiana County $151,600 $756 72.7%
Hardin County $151,200 $793 74.7%
Morgan County $150,900 $742 78.9%
Jackson County $150,700 $769 73.9%
Vinton County $150,000 $728 75.5%

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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).