The typical owner-occupied home in Glandorf is worth about $249,300, 16% above the Ohio median of $214,800 and 25% below the national median of $332,700. Owners pay a median $2,460 a year in property taxes, about 0.99% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $110,580 a year, so the median home costs 2.3 times the median income (3.0 times for Ohio). 94% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Glandorf at a glance
| Glandorf | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $249,300 | $214,800 | $332,700 |
| Median property tax paid per year | $2,460 | $2,822 | $3,119 |
| Property tax as a share of value | 0.99% | 1.31% | 0.94% |
| Median household income | $110,580 | $71,389 | $80,734 |
| Homes lived in by their owners | 94% | 67% | 65% |
| Owner homes with a mortgage | 60% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,446 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 16.8% | 18.6% | 21.0% |
| Median rent | $1,010 | $1,034 | $1,413 |
| Rent as a share of renters' income | 19.4% | 28.3% | 30.6% |
| Median year homes were built | 1970 | 1970 | 1980 |
| Vacant homes | 2.0% | 8.1% | 10.1% |
| Population | 1,162 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Glandorf
At this week's average 30-year rate of 7.11%, buying the median Glandorf home of $249,300 with 20% down costs about $1,651 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,066, 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 $70,766 for the 20%-down payment. That payment is 18% of the median Glandorf household income of $110,580; at that income and 20% down, the 28% guideline points to a home of about $390,000.
The median rent here is $1,010 a month, so owning the median home costs about $641 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $49,860 |
|---|---|
| Loan amount | $199,440 |
| Principal and interest | $1,342 |
| Property taxes (0.99% a year) | $206 |
| Homeowners insurance (our estimate, 0.5% a year) | $104 |
| PMI | $0 |
| Total per month | $1,651 |
Change the numbers in the calculator
| Down payment | $8,726 |
|---|---|
| Loan amount | $244,785 |
| Principal and interest | $1,647 |
| Property taxes (0.99% a year) | $206 |
| Homeowners insurance (our estimate, 0.5% a year) | $104 |
| FHA mortgage insurance | $110 |
| Total per month | $2,066 |
Change the numbers in the calculator
Questions about home buying in Glandorf
What is the median home value in Glandorf?
About $249,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Glandorf?
Homeowners pay a median $2,460 a year, which is about 0.99% 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 Glandorf?
For the median home with 20% down at 7.11%, the payment is about $1,651 a month. Keeping that under 28% of gross income takes about $70,766 a year.
More about Glandorf
- Mortgage Refinance in Glandorf
- Debt Relief in Glandorf
- Home Equity Loans in Glandorf
- 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