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Buying a home in Austinburg, Ohio

The typical owner-occupied home in Austinburg is worth about $162,500, 24% below the Ohio median of $214,800 and 51% below the national median of $332,700. Owners pay a median $2,000 a year in property taxes, about 1.23% of their home's value, lower than the Ohio rate of 1.31%. 85% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.

Austinburg at a glance

Austinburg Ohio U.S.
Median home value $162,500 $214,800 $332,700
Median property tax paid per year $2,000 $2,822 $3,119
Property tax as a share of value 1.23% 1.31% 0.94%
Median household income – $71,389 $80,734
Homes lived in by their owners 85% 67% 65%
Owner homes with a mortgage 25% 61% 61%
Median monthly costs, owners with a mortgage $2,100 $1,517 $1,963
Those costs as a share of the owners' income 27.1% 18.6% 21.0%
Median rent – $1,034 $1,413
Median year homes were built 1938 1970 1980
Vacant homes 18.7% 8.1% 10.1%
Population 359 11,810,293 334,922,499

What a typical home costs per month in Austinburg

At this week's average 30-year rate of 7.11%, buying the median Austinburg home of $162,500 with 20% down costs about $1,109 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,379, 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 $47,520 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$32,500
Loan amount$130,000
Principal and interest$875
Property taxes (1.23% a year)$167
Homeowners insurance (our estimate, 0.5% a year)$68
PMI$0
Total per month$1,109

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3.5% down, 30-year FHA loan
Down payment$5,688
Loan amount$159,557
Principal and interest$1,073
Property taxes (1.23% a year)$167
Homeowners insurance (our estimate, 0.5% a year)$68
FHA mortgage insurance$72
Total per month$1,379

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Questions about home buying in Austinburg

What is the median home value in Austinburg?

About $162,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Austinburg?

Homeowners pay a median $2,000 a year, which is about 1.23% 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 Austinburg?

For the median home with 20% down at 7.11%, the payment is about $1,109 a month. Keeping that under 28% of gross income takes about $47,520 a year.

More about Austinburg

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