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Morrow County, OH housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$286,534+4.4% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$62,114About 0.7× the local median income ($84,191): affordable for a typical household
Days on market59 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.1%Zillow expects prices to rise slightly

The typical home in Morrow County, OH is worth $286,534, up 4.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $284,637, so the area is 0.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 59 days to sell, listings are up 23% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 2.1% over the next year. A household needs about $62,114 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,191. Typical rent is $1,025 a month, or $1,417 for a house. In the latest IRS figures, 437 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K1990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$286,534
Change in 1 year+4.4%
Overvalued %+0.7%
Show 7 more
Fair home value$284,637
Change in 5 years+17.2%
Zillow forecast, next 12 months+2.1%
Home value to income3.4×
Monthly mortgage payment (20% down)$1,553
Income needed to afford it$62,114
Property tax rate1.06%

Rent and investing

Typical rent$1,025
Typical rent for houses$1,417
Price-to-rent ratio23.3×
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HUD Fair Market Rent, 2 bedrooms$1,602
Gross rental yield4.29%
Cap rate (estimate)2.79%

Market activity

Listings vs a year ago+22.8%
Days on market59
Listings with a price cut22.6%
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Homes for sale97
Pending sales per 100 listings32
Asking price per sq ft$206

People and jobs

Median household income$84,191
Population change (1 year)+0.8%
Unemployment rate2.9%
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Population36,305
Income adjusted for cost of living$88,158
Net moves in (IRS)+437
Cost of living (US = 100)95.5

Schools, risk and environment

School rating (1 to 10)5.5
FEMA hazard risk score (0 to 100)24.4
Flood risk score45.0
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Wildfire risk score16.4
Walkability (1 to 20)4.4
Road, rail and air noise54 dB

Questions people ask

Is Morrow County, OH overvalued?
Home prices in Morrow County, OH are slightly above what local incomes have historically supported: fair value is about $284,637, so the area is 0.7% overvalued.
Is Morrow County, OH a buyer's or seller's market?
Morrow County, OH is a balanced market, leaning toward buyers: homes take about 59 days to sell, listings are up 23% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Morrow County, OH?
Home values in Morrow County, OH are up 4.4% over the last year. Zillow's forecast for the next 12 months is +2.1%.
How much do you need to earn to buy a home in Morrow County, OH?
A household needs about $62,114 a year to afford the typical home in Morrow County, OH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,191.

Nearby and similar counties

ZIP codes in Morrow County (open on the map)

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