The typical owner-occupied home in Sullivan is worth about $205,900, 4% below the Ohio median of $214,800 and 38% below the national median of $332,700. Owners pay a median $1,442 a year in property taxes, about 0.70% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $67,964 a year, so the median home costs 3.0 times the median income (3.0 times for Ohio). 89% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Sullivan at a glance
| Sullivan | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $205,900 | $214,800 | $332,700 |
| Median property tax paid per year | $1,442 | $2,822 | $3,119 |
| Property tax as a share of value | 0.70% | 1.31% | 0.94% |
| Median household income | $67,964 | $71,389 | $80,734 |
| Homes lived in by their owners | 89% | 67% | 65% |
| Owner homes with a mortgage | 70% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,317 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 19.6% | 18.6% | 21.0% |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1987 | 1970 | 1980 |
| Vacant homes | 3.7% | 8.1% | 10.1% |
| Population | 1,027 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Sullivan
At this week's average 30-year rate of 7.11%, buying the median Sullivan home of $205,900 with 20% down costs about $1,314 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,657, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $56,313 for the 20%-down payment. That payment is 23% of the median Sullivan household income of $67,964; at that income and 20% down, the 28% guideline points to a home of about $248,000.
| Down payment | $41,180 |
|---|---|
| Loan amount | $164,720 |
| Principal and interest | $1,108 |
| Property taxes (0.70% a year) | $120 |
| Homeowners insurance (our estimate, 0.5% a year) | $86 |
| PMI | $0 |
| Total per month | $1,314 |
Change the numbers in the calculator
| Down payment | $7,206 |
|---|---|
| Loan amount | $202,171 |
| Principal and interest | $1,360 |
| Property taxes (0.70% a year) | $120 |
| Homeowners insurance (our estimate, 0.5% a year) | $86 |
| FHA mortgage insurance | $91 |
| Total per month | $1,657 |
Change the numbers in the calculator
Questions about home buying in Sullivan
What is the median home value in Sullivan?
About $205,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sullivan?
Homeowners pay a median $1,442 a year, which is about 0.70% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Sullivan?
For the median home with 20% down at 7.11%, the payment is about $1,314 a month. Keeping that under 28% of gross income takes about $56,313 a year.
More about Sullivan
- Mortgage Refinance in Sullivan
- Debt Relief in Sullivan
- Home Equity Loans in Sullivan
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data