Erie County, Ohio home prices
Typical home $240,422 · +3.4% in a year · property tax 1.22%
The typical home in Erie County is worth $240,422, 2% less than the Ohio typical home ($245,982). Values changed +3.4% in the past year and +33.0% over five years. Homeowners here pay a median 1.22% of their home's value in property tax each year ($2,923 on the typical home), versus 1.22% statewide.
Mortgage on the typical Erie County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,084 | $192,338 | $1,294 | $0 | $364 | $1,658 | $71,000 |
| 10% down | $24,042 | $216,380 | $1,456 | $90 | $364 | $1,910 | $81,800 |
| 5% down | $12,021 | $228,401 | $1,536 | $95 | $364 | $1,995 | $85,500 |
| 3.5% down (FHA) | $8,415 | $236,068 | $1,588 | $106 | $364 | $2,058 | $88,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.22% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Ohio · part of the Sandusky metro area.
Ohio counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hancock County | $239,297 | +3.7% | 1% |
| Wood County | $242,240 | +2.6% | 1.34% |
| Auglaize County | $242,461 | +6.2% | 0.96% |
| Ashland County | $244,608 | +4.3% | 0.99% |
| Fayette County | $244,757 | +3.1% | 0.94% |
| Preble County | $235,943 | +7.3% | 1.04% |
| Shelby County | $246,250 | +7.0% | 0.95% |
| Lake County | $249,918 | +3.4% | 1.62% |
| Fulton County | $230,046 | +2.7% | 1.28% |
| Summit County | $227,458 | +3.6% | 1.53% |
Frequently asked questions
What is the average home price in Erie County, OH?
The typical home value in Erie County is $240,422 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Erie County?
About $71,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Erie County?
The median effective rate is 1.22% of home value a year (Census ACS 2024 5-year estimates).