Warren County, Ohio Housing Market
In Warren County, Ohio, the median home value is $349,400, with a median monthly rent of $1,361. This places Warren County at #419 nationally out of 3134 counties by median home value, and #2 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: $1,350
- Establishments: 6,456
- BLS QCEW, 2025
Housing Supply
- Single-family: 838
- Multi-family: 604
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 101,780 (avg $123,436)
- Outflow: 97,285 (avg $122,651)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Warren County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 45040 | 252.5 | +4.43% | 2025 |
| 2 | 45152 | 228.1 | +7.63% | 2025 |
| 3 | 45065 | 197.8 | -6.84% | 2025 |
| 4 | 45036 | 234.2 | +4.73% | 2025 |
| 5 | 45039 | 223.2 | +7.30% | 2025 |
| 6 | 45054 | 214.1 | +5.40% | 2025 |
| 7 | 45034 | 150.9 | +9.98% | 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.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Warren County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Warren County →How Warren County Compares
| Metric | Warren County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $349,400 | $196,325 | $227,706 |
| Median Gross Rent | $1,361 | $904 | $968 |
| Owner Occupancy Rate | 79.4% | 73.7% | 73.3% |
| Price/Rent Ratio | 21.4 | 17.9 | 18.7 |
Market Analysis
The median home value in Warren County is 78.0% above the Ohio state average and 53.4% above the U.S. national average. The median rent of $1,361/month is 50.6% above the state average.
With a price-to-rent ratio of 21.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Warren County has an owner-occupancy rate of 79.4%, 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 |
|---|---|---|---|
| Baltimore County | Maryland | $349,300 | $1,627 |
| Yellowstone County | Montana | $349,500 | $1,131 |
| McKenzie County | North Dakota | $349,600 | $1,284 |
| Pinal County | Arizona | $349,000 | $1,537 |
| Brunswick County | North Carolina | $349,800 | $1,351 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Union County | $344,900 | $1,247 | 79.2% |
| 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).