The typical owner-occupied home in Ridgeville Corners is worth about $173,300, 19% below the Ohio median of $214,800 and 48% below the national median of $332,700. The median household earns $83,141 a year, so the median home costs 2.1 times the median income (3.0 times for Ohio). 56% of occupied homes here are lived in by their owners, and 91% of those owners still have a mortgage.
Ridgeville Corners at a glance
| Ridgeville Corners | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $173,300 | $214,800 | $332,700 |
| Median property tax paid per year | – | $2,822 | $3,119 |
| Median household income | $83,141 | $71,389 | $80,734 |
| Homes lived in by their owners | 56% | 67% | 65% |
| Owner homes with a mortgage | 91% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,164 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 27.5% | 18.6% | 21.0% |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1938 | 1970 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 279 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Ridgeville Corners
At this week's average 30-year rate of 7.11%, buying the median Ridgeville Corners home of $173,300 with 20% down costs about $1,164 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,452, 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 $49,873 for the 20%-down payment. That payment is 17% of the median Ridgeville Corners household income of $83,141; at that income and 20% down, the 28% guideline points to a home of about $289,000.
| Down payment | $34,660 |
|---|---|
| Loan amount | $138,640 |
| Principal and interest | $933 |
| Property taxes (1.10% a year) | $159 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| PMI | $0 |
| Total per month | $1,164 |
Change the numbers in the calculator
| Down payment | $6,066 |
|---|---|
| Loan amount | $170,161 |
| Principal and interest | $1,145 |
| Property taxes (1.10% a year) | $159 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| FHA mortgage insurance | $77 |
| Total per month | $1,452 |
Change the numbers in the calculator
Questions about home buying in Ridgeville Corners
What is the median home value in Ridgeville Corners?
About $173,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Ridgeville Corners?
For the median home with 20% down at 7.11%, the payment is about $1,164 a month. Keeping that under 28% of gross income takes about $49,873 a year.
More about Ridgeville Corners
- Mortgage Refinance in Ridgeville Corners
- Debt Relief in Ridgeville Corners
- Home Equity Loans in Ridgeville Corners
- 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