Wayne County, Ohio Housing Market

In Wayne County, Ohio, the median home value is $222,100, with a median monthly rent of $881. This places Wayne County at #1165 nationally out of 3134 counties by median home value, and #22 within Ohio.

Median Home Value $222,100
Median Rent $881/mo
Owner Occupancy 76.6%
Price/Rent Ratio 21.0

📈 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 Wayne County rose +4.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

41,610
jobs (private sector)
  • Avg weekly wage: $1,160
  • Establishments: 2,849
  • BLS QCEW, 2025
🏗️

Housing Supply

232
new units authorized (2025)
  • Single-family: 223
  • Multi-family: 9
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1240
net migration (filers, 2021-2022)
  • Inflow: 46,940 (avg $72,643)
  • Outflow: 45,700 (avg $72,921)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Wayne County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 44276 261.0 — 2025
2 44677 227.9 +10.07% 2025
3 44606 189.4 -9.72% 2025
4 44667 196.5 +3.89% 2025

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 Wayne County Compares

MetricWayne CountyOhio AverageU.S. Average
Median Home Value $222,100 $196,325 $227,706
Median Gross Rent $881 $904 $968
Owner Occupancy Rate 76.6% 73.7% 73.3%
Price/Rent Ratio 21.0 17.9 18.7

Market Analysis

The median home value in Wayne County is 13.1% above the Ohio state average and 2.5% below the U.S. national average. The median rent of $881/month is 2.5% below the state average.

With a price-to-rent ratio of 21.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Wayne County has an owner-occupancy rate of 76.6%, 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
Van Zandt County Texas $222,100 $1,066
Scott County Iowa $222,000 $1,005
Ste. Genevieve County Missouri $222,200 $780
Kewaunee County Wisconsin $222,200 $847
Clayton County Georgia $222,300 $1,433

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Morrow County $222,300 $937 81.2%
Lorain County $223,200 $966 74.0%
Ottawa County $219,900 $930 83.6%
Portage County $227,000 $1,064 70.1%
Wood County $227,600 $972 64.4%

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).