The typical owner-occupied home in Fostoria is worth about $87,200, 59% below the Ohio median of $214,800 and 74% below the national median of $332,700. Owners pay a median $1,205 a year in property taxes, about 1.38% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $54,151 a year, so the median home costs 1.6 times the median income (3.0 times for Ohio). 66% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Fostoria at a glance
| Fostoria | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $87,200 | $214,800 | $332,700 |
| Median property tax paid per year | $1,205 | $2,822 | $3,119 |
| Property tax as a share of value | 1.38% | 1.31% | 0.94% |
| Median household income | $54,151 | $71,389 | $80,734 |
| Homes lived in by their owners | 66% | 67% | 65% |
| Owner homes with a mortgage | 47% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,013 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 17.7% | 18.6% | 21.0% |
| Median rent | $809 | $1,034 | $1,413 |
| Rent as a share of renters' income | 26.5% | 28.3% | 30.6% |
| Median year homes were built | 1952 | 1970 | 1980 |
| Vacant homes | 12.0% | 8.1% | 10.1% |
| Population | 12,344 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Fostoria
At this week's average 30-year rate of 7.11%, buying the median Fostoria home of $87,200 with 20% down costs about $606 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $751, 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 $25,967 for the 20%-down payment. That payment is 13% of the median Fostoria household income of $54,151; at that income and 20% down, the 28% guideline points to a home of about $182,000.
The median rent here is $809 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $17,440 |
|---|---|
| Loan amount | $69,760 |
| Principal and interest | $469 |
| Property taxes (1.38% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| PMI | $0 |
| Total per month | $606 |
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| Down payment | $3,052 |
|---|---|
| Loan amount | $85,621 |
| Principal and interest | $576 |
| Property taxes (1.38% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| FHA mortgage insurance | $39 |
| Total per month | $751 |
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Questions about home buying in Fostoria
What is the median home value in Fostoria?
About $87,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fostoria?
Homeowners pay a median $1,205 a year, which is about 1.38% 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 Fostoria?
For the median home with 20% down at 7.11%, the payment is about $606 a month. Keeping that under 28% of gross income takes about $25,967 a year.
More about Fostoria
- Mortgage Refinance in Fostoria
- Debt Relief in Fostoria
- Home Equity Loans in Fostoria
- 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