The typical owner-occupied home in Bourneville is worth about $84,300, 61% below the Ohio median of $214,800 and 75% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Bourneville at a glance
| Bourneville | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $84,300 | $214,800 | $332,700 |
| Median property tax paid per year | – | $2,822 | $3,119 |
| Median household income | – | $71,389 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 49% | 61% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,517 | $1,963 |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1962 | 1970 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 509 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Bourneville
At this week's average 30-year rate of 7.11%, buying the median Bourneville home of $84,300 with 20% down costs about $566 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $707, 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 $24,260 for the 20%-down payment.
| Down payment | $16,860 |
|---|---|
| Loan amount | $67,440 |
| Principal and interest | $454 |
| Property taxes (1.10% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| PMI | $0 |
| Total per month | $566 |
Change the numbers in the calculator
| Down payment | $2,950 |
|---|---|
| Loan amount | $82,773 |
| Principal and interest | $557 |
| Property taxes (1.10% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| FHA mortgage insurance | $37 |
| Total per month | $707 |
Change the numbers in the calculator
Questions about home buying in Bourneville
What is the median home value in Bourneville?
About $84,300 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 Bourneville?
For the median home with 20% down at 7.11%, the payment is about $566 a month. Keeping that under 28% of gross income takes about $24,260 a year.
More about Bourneville
- Mortgage Refinance in Bourneville
- Debt Relief in Bourneville
- Home Equity Loans in Bourneville
- 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