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Buying a home in Holloway, Ohio

The typical owner-occupied home in Holloway is worth about $31,000, 86% below the Ohio median of $214,800 and 91% below the national median of $332,700. Owners pay a median $439 a year in property taxes, about 1.42% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $53,000 a year, so the median home costs 0.6 times the median income (3.0 times for Ohio). 76% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.

Holloway at a glance

Holloway Ohio U.S.
Median home value $31,000 $214,800 $332,700
Median property tax paid per year $439 $2,822 $3,119
Property tax as a share of value 1.42% 1.31% 0.94%
Median household income $53,000 $71,389 $80,734
Homes lived in by their owners 76% 67% 65%
Owner homes with a mortgage 25% 61% 61%
Median monthly costs, owners with a mortgage $669 $1,517 $1,963
Those costs as a share of the owners' income 18.3% 18.6% 21.0%
Median rent $788 $1,034 $1,413
Rent as a share of renters' income 18.8% 28.3% 30.6%
Median year homes were built 1945 1970 1980
Vacant homes 19.8% 8.1% 10.1%
Population 399 11,810,293 334,922,499

What a typical home costs per month in Holloway

At this week's average 30-year rate of 7.11%, buying the median Holloway home of $31,000 with 20% down costs about $216 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $268, 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 $9,276 for the 20%-down payment. That payment is 5% of the median Holloway household income of $53,000; at that income and 20% down, the 28% guideline points to a home of about $177,000.

The median rent here is $788 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$6,200
Loan amount$24,800
Principal and interest$167
Property taxes (1.42% a year)$37
Homeowners insurance (our estimate, 0.5% a year)$13
PMI$0
Total per month$216

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3.5% down, 30-year FHA loan
Down payment$1,085
Loan amount$30,439
Principal and interest$205
Property taxes (1.42% a year)$37
Homeowners insurance (our estimate, 0.5% a year)$13
FHA mortgage insurance$14
Total per month$268

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Questions about home buying in Holloway

What is the median home value in Holloway?

About $31,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Holloway?

Homeowners pay a median $439 a year, which is about 1.42% 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 Holloway?

For the median home with 20% down at 7.11%, the payment is about $216 a month. Keeping that under 28% of gross income takes about $9,276 a year.

More about Holloway

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