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Buying a home in Sharon Center, Ohio

The typical owner-occupied home in Sharon Center is worth about $357,100, 66% above the Ohio median of $214,800 and 7% above the national median of $332,700. Owners pay a median $4,457 a year in property taxes, about 1.25% of their home's value, close to the Ohio rate of 1.31%. The median household earns $110,500 a year, so the median home costs 3.2 times the median income (3.0 times for Ohio). 81% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.

Sharon Center at a glance

Sharon Center Ohio U.S.
Median home value $357,100 $214,800 $332,700
Median property tax paid per year $4,457 $2,822 $3,119
Property tax as a share of value 1.25% 1.31% 0.94%
Median household income $110,500 $71,389 $80,734
Homes lived in by their owners 81% 67% 65%
Owner homes with a mortgage 46% 61% 61%
Median monthly costs, owners with a mortgage $1,727 $1,517 $1,963
Those costs as a share of the owners' income 14.9% 18.6% 21.0%
Median rent – $1,034 $1,413
Median year homes were built 1969 1970 1980
Vacant homes 6.0% 8.1% 10.1%
Population 1,129 11,810,293 334,922,499

What a typical home costs per month in Sharon Center

At this week's average 30-year rate of 7.11%, buying the median Sharon Center home of $357,100 with 20% down costs about $2,443 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,037, 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 $104,681 for the 20%-down payment. That payment is 27% of the median Sharon Center household income of $110,500; at that income and 20% down, the 28% guideline points to a home of about $377,000.

20% down, 30-year conventional loan
Down payment$71,420
Loan amount$285,680
Principal and interest$1,922
Property taxes (1.25% a year)$372
Homeowners insurance (our estimate, 0.5% a year)$149
PMI$0
Total per month$2,443

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3.5% down, 30-year FHA loan
Down payment$12,498
Loan amount$350,632
Principal and interest$2,359
Property taxes (1.25% a year)$372
Homeowners insurance (our estimate, 0.5% a year)$149
FHA mortgage insurance$158
Total per month$3,037

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Questions about home buying in Sharon Center

What is the median home value in Sharon Center?

About $357,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Sharon Center?

Homeowners pay a median $4,457 a year, which is about 1.25% 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 Sharon Center?

For the median home with 20% down at 7.11%, the payment is about $2,443 a month. Keeping that under 28% of gross income takes about $104,681 a year.

More about Sharon Center

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