Franklin County, Ohio home prices
Typical home $292,001 · +0.0% in a year · property tax 1.47%
The typical home in Franklin County is worth $292,001, 19% more than the Ohio typical home ($245,982). Values changed +0.0% in the past year and +23.1% over five years. Homeowners here pay a median 1.47% of their home's value in property tax each year ($4,297 on the typical home), versus 1.22% statewide.
Mortgage on the typical Franklin County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $58,400 | $233,601 | $1,571 | $0 | $504 | $2,076 | $89,000 |
| 10% down | $29,200 | $262,801 | $1,768 | $110 | $504 | $2,381 | $102,100 |
| 5% down | $14,600 | $277,401 | $1,866 | $116 | $504 | $2,486 | $106,500 |
| 3.5% down (FHA) | $10,220 | $286,713 | $1,929 | $129 | $504 | $2,562 | $109,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.47% 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 Columbus metro area.
Ohio counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Knox County | $288,681 | +4.6% | 1.07% |
| Morrow County | $286,534 | +4.4% | 1.06% |
| Hocking County | $284,239 | +3.7% | 0.99% |
| Greene County | $300,208 | +3.2% | 1.61% |
| Portage County | $282,245 | +5.3% | 1.27% |
| Mercer County | $275,628 | +5.2% | 1.1% |
| Ottawa County | $273,705 | +1.3% | 1.08% |
| Butler County | $313,302 | +3.3% | 1.22% |
| Miami County | $268,300 | +2.5% | 0.98% |
| Hamilton County | $266,241 | +0.8% | 1.51% |
Frequently asked questions
What is the average home price in Franklin County, OH?
The typical home value in Franklin County is $292,001 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Franklin County?
About $89,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Franklin County?
The median effective rate is 1.47% of home value a year (Census ACS 2024 5-year estimates).