Home Values

Ohio Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$115,500

  • 5.4% 1-year change
  • 2.3% 1-year forecast

The median home value in Ohio is $115,500. Ohio home values have gone up 5.4% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Ohio is $82. The median price of homes currently listed in Ohio is $129,000 while the median price of homes that sold is $130,315. The median rent price in Ohio is $850.

Foreclosures will be a factor impacting home values in the next several years. In Ohio 6.3 homes are foreclosed (per 10,000). This is greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Ohio is 5.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Ohio homeowners underwater on their mortgage is 19.4%.

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Relative ZHVI
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Ohio Market Overview

Data through Nov 30, 2014
  • $115,500 ZHVI
  • 2.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $129,000 Median listing price
  • $130,315 Median sale price
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Ohio Market Health

Data through Nov 30, 2014
  • 0.8/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 99 Average days on Zillow (Oct 31, 2014)
  • 19.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

6.3 homes Ohio
4.2 homes United States
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Cities in Ohio

Name Median ZHVI
Hamilton $128,400
Columbus $102,700
Cincinnati $97,000
Name Median ZHVI
Parma $93,000
Canton $82,900
Akron $61,800
Name Median ZHVI
Toledo $57,400
Cleveland $53,500
Dayton $47,700

Listings & Sales

Data through Nov 30, 2014
  • $82 Median list price / sq ft
  • $84 Median sale price / sq ft
  • No data Listings with price cut
27.3%
Sold below listing
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Ohio Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,069 Ohio
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $850 Rent list price
  • $0.77 Rent list price / sq ft
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