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Buying a home in Fletcher, Ohio

The typical owner-occupied home in Fletcher is worth about $134,800, 37% below the Ohio median of $214,800 and 59% below the national median of $332,700. Owners pay a median $1,269 a year in property taxes, about 0.94% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $75,417 a year, so the median home costs 1.8 times the median income (3.0 times for Ohio). 84% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.

Fletcher at a glance

Fletcher Ohio U.S.
Median home value $134,800 $214,800 $332,700
Median property tax paid per year $1,269 $2,822 $3,119
Property tax as a share of value 0.94% 1.31% 0.94%
Median household income $75,417 $71,389 $80,734
Homes lived in by their owners 84% 67% 65%
Owner homes with a mortgage 65% 61% 61%
Median monthly costs, owners with a mortgage $1,178 $1,517 $1,963
Those costs as a share of the owners' income 18.6% 18.6% 21.0%
Median rent – $1,034 $1,413
Rent as a share of renters' income 13.0% 28.3% 30.6%
Median year homes were built 1943 1970 1980
Vacant homes 4.3% 8.1% 10.1%
Population 719 11,810,293 334,922,499

What a typical home costs per month in Fletcher

At this week's average 30-year rate of 7.11%, buying the median Fletcher home of $134,800 with 20% down costs about $887 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,112, 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 $38,023 for the 20%-down payment. That payment is 14% of the median Fletcher household income of $75,417; at that income and 20% down, the 28% guideline points to a home of about $267,000.

20% down, 30-year conventional loan
Down payment$26,960
Loan amount$107,840
Principal and interest$725
Property taxes (0.94% a year)$106
Homeowners insurance (our estimate, 0.5% a year)$56
PMI$0
Total per month$887

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3.5% down, 30-year FHA loan
Down payment$4,718
Loan amount$132,358
Principal and interest$890
Property taxes (0.94% a year)$106
Homeowners insurance (our estimate, 0.5% a year)$56
FHA mortgage insurance$60
Total per month$1,112

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Questions about home buying in Fletcher

What is the median home value in Fletcher?

About $134,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Fletcher?

Homeowners pay a median $1,269 a year, which is about 0.94% 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 Fletcher?

For the median home with 20% down at 7.11%, the payment is about $887 a month. Keeping that under 28% of gross income takes about $38,023 a year.

More about Fletcher

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