Best Places To Buy A House In Ohio For 2020


Using science and data, we can tell you which places in Ohio have seen home prices rising and people flocking over the past year.

Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2020.

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There's a the age old question everyone thinks about when they decide to move to a city in Ohio:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in Ohio, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Buckeye State.

To do that we are going to look at places in Ohio that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Ohio at the moment? That would be Munroe Falls according to our analysis.

Here's a look at the top ten places to buy a home in ohio for 2020:

  1. Munroe Falls (Photos | Homes For Sale)
  2. St. Clairsville (Photos | Homes For Sale)
  3. Lexington (Photos | Homes For Sale)
  4. Amelia (Photos | Homes For Sale)
  5. John (Homes For Sale)
  6. Chardon (Homes For Sale)
  7. New Lexington (Photos | Homes For Sale)
  8. Wellington (Photos | Homes For Sale)
  9. Sunbury (Photos | Homes For Sale)
  10. Toronto (Photos | Homes For Sale)

What's the best place to buy a home in Ohio for 2020? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in ohio and, for those of you on a budget, the cheapest places to live in ohio.

For more Ohio reading, check out:

The 10 Best Cities To Buy A House In Ohio For 2020

Munroe Falls, OH

Overall SnackAbility

9
/10

Population: 5,065
Median Home Price: $156,700
Population Change: 0.0%
Home Price Change: 2.4%
More on Munroe Falls: PhotosHomes For Sale | Data

Like much of the Connecticut Western Reserve, the area that makes up present-day Munroe Falls was previously inhabited by various tribes of American Indians. When the Western Reserve began being surveyed in 1796, what is now Munroe Falls was mostly in the southern part of the survey township Town 3, Range 10, then a part of Washington County before being placed in the new Jefferson County the following year. In 1800, it was made part of Trumbull County, which followed the boundaries of the Western Reserve, and in 1808, the area was made part of Portage County. The first settlers in present-day Munroe Falls, a group of around 40 people including Francis Kelsey and William Stow, came in 1809. Kelsey built a sawmill on the south side of the Cuyahoga River and a gristmill was built on the north side. The initial name of the new village was Kelsey's Mills. The first school in Munroe Falls was built in 1816. In 1817 a wooden dam was built to provide power for both mills and the name of the village was changed to Florence. Around 1836, William and Edmund Munroe from Boston arrived and purchased the two mills and approximately 250 acres of land around them to lay out a new village, which they named Munroe Falls. The village was incorporated October 26, 1838. The Munroes had great plans for the village to become a center of commerce and an important city, but these plans never worked out. After about 10 years, which included the economic instability of the Panic of 1837, the Munroes defaulted to many of the creditors and the properties they owned were taken over by other individuals.

St. Clairsville, OH

Overall SnackAbility

7
/10

Population: 5,071
Median Home Price: $160,500
Population Change: -0.4%
Home Price Change: 8.1%
More on St. Clairsville: PhotosHomes For Sale | Data

The seat of justice of Belmont County was originally known as Newellstown, and under the latter name was laid out in the late 1790s by David Newell. The name of the settlement was soon changed to St. Clairsville in honor of Northwest Territory Governor and Revolutionary War Major-General Arthur St. Clair.

Lexington, OH

Source: Public domain
Overall SnackAbility

6
/10

Population: 5,073
Median Home Price: $136,100
Population Change: -5.2%
Home Price Change: 3.1%
More on Lexington: PhotosHomes For Sale | Data

Lexington was founded by Amariah Watson, Jr. in 1812, a land speculator who had purchased wide lands locally in order to sell to other settlers. During the 1800s, Lexington had many taverns, hotels, and grist mills - most of which at one time or another burned to the ground. In the 19th century, leading members of the community were William Cockley Thad and Martin Kell, Les Griebling, Erwin Castor, Sgt. Patrick Gass, and Jacob Cook. The first road constructed through town was what is now State Route 97, and the second was what is now Lexington-Ontario Road.

Amelia, OH

Overall SnackAbility

8.5
/10

Population: 5,074
Median Home Price: $145,400
Population Change: -1.9%
Home Price Change: -1.0%
More on Amelia: PhotosHomes For Sale | Data

Amelia was not officially platted. The name Amelia was adopted in honor of Amelia Bowdoin, a well known and popular tollgate operator on the Ohio Turnpike - Main Street, today State Route 125. Her home still stands at 94 W. Main St., across the street from where it stood when it was a tollhouse. A post office called Amelia has been in operation since 1836.

Source: Public Domain
Overall SnackAbility

5
/10

Population: 5,111
Median Home Price: $152,300
Population Change: -0.9%
Home Price Change: 0.9%
More on John: Homes For Sale | Data

Overall SnackAbility

9
/10

Population: 5,171
Median Home Price: $177,000
Population Change: 0.1%
Home Price Change: 4.1%
More on Chardon: Homes For Sale | Data

Chardon is named after Peter Chardon Brooks, who donated land to build the historic Chardon Square. Chardon Township celebrates its incorporation in 1812, and thus the City of Chardon does the same.

New Lexington, OH

Source: Public domain
Overall SnackAbility

5
/10

Population: 5,189
Median Home Price: $80,400
Population Change: 2.8%
Home Price Change: -1.3%
More on New Lexington: PhotosHomes For Sale | Data

Wellington, OH

Overall SnackAbility

4
/10

Population: 5,249
Median Home Price: $114,600
Population Change: 2.1%
Home Price Change: 3.3%
More on Wellington: PhotosHomes For Sale | Data

Some say the village was named after William Welling, a local resident, while others believe the name is derived from the title of the Duke of Wellington.

Sunbury, OH

Source: Public domain
Overall SnackAbility

6
/10

Population: 5,280
Median Home Price: $209,700
Population Change: 4.7%
Home Price Change: 3.1%
More on Sunbury: PhotosHomes For Sale | Data

Toronto, OH

Source: Public domain
Overall SnackAbility

7
/10

Population: 5,298
Median Home Price: $89,900
Population Change: 3.3%
Home Price Change: 13.9%
More on Toronto: PhotosHomes For Sale | Data

The area was first settled in the 19th century, when it was known as Newburg's Landing. When the railway was built, however, the area's name was changed to Sloanes Station. In 1881, after a vote, the town was incorporated under its present name. This was taken from the much larger Canadian city of the same name, which civic leader Thomas M. Daniels felt was a place worth emulating.

How do you determine the best places to buy a home in ohio for 2020?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in Ohio. Put differently, the analysis will try to find places in Ohio with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2014-2018 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for Ohio with the following caveats:

So of the 0 cities and towns in Ohio, only 254 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 254 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Munroe Falls is the best potential gem in the not-so-rough in the Buckeye State.

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In ohio for 2020

There's our analysis of the best places to buy a house in Ohio. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more ohio reading, check out:

Detailed List Of The Best Places To Buy A Home In Ohio

City Rank Median Home Price Population Change Home Price Increase
Munroe Falls 1 $156,700 0.0% 2.4%
St. Clairsville 2 $160,500 -0.4% 8.1%
Lexington 3 $136,100 -5.2% 3.1%
Amelia 4 $145,400 -1.9% -1.0%
John 5 $152,300 -0.9% 0.9%
Chardon 6 $177,000 0.1% 4.1%
New Lexington 7 $80,400 2.8% -1.3%
Wellington 8 $114,600 2.1% 3.3%
Sunbury 9 $209,700 4.7% 3.1%
Toronto 10 $89,900 3.3% 13.9%
Uhrichsville 11 $73,200 -0.3% 7.0%
Northwood 12 $123,200 0.5% 4.0%
Canal Fulton 13 $151,200 0.1% 4.1%
Waterville 14 $183,900 0.1% 6.1%
Germantown 15 $131,300 0.1% 2.9%
Wellston 16 $88,400 -0.4% 7.0%
Groveport 17 $159,000 0.5% 3.8%
New Carlisle 18 $91,400 -0.1% -1.1%
Deer Park 19 $129,200 -0.2% 3.0%
Granville 20 $358,900 0.8% 3.6%
Brookville 21 $133,200 -2.5% 13.9%
The Village Of Indian Hill 22 $901,600 0.4% -4.8%
Port Clinton 23 $107,300 0.0% -2.5%
Ada 24 $120,700 1.2% 27.5%
Geneva 25 $101,600 -0.7% 5.7%
Willard 26 $84,800 0.0% -0.4%
Mount Healthy 27 $85,700 0.1% 2.3%
Grafton 28 $139,100 -0.2% 0.2%
Ontario 29 $124,800 -0.1% -1.6%
Clyde 30 $98,600 -0.6% 0.9%
Pepper Pike 31 $428,800 0.5% 2.5%
Jackson 32 $97,400 -0.3% 3.0%
Columbiana 33 $138,100 -1.1% 0.4%
Belpre 34 $101,100 0.2% -5.1%
Moraine 35 $88,600 0.2% -0.6%
Rossford 36 $128,900 0.2% -4.2%
Hillsboro 37 $100,300 -0.1% 16.2%
Rittman 38 $106,800 -0.8% 1.4%
Union 39 $96,600 -0.1% 3.0%
Martins Ferry 40 $74,500 -0.7% -0.4%
Upper Sandusky 41 $99,500 -1.0% 4.0%
Kirtland 42 $292,900 -0.0% 5.9%
Logan 43 $110,400 -2.6% 7.4%
Milford 44 $159,700 0.5% 3.8%
Cortland 45 $153,800 -0.2% 9.2%
Huron 46 $158,100 -0.4% 1.7%
Delphos 47 $90,600 -1.1% 0.4%
Independence 48 $232,600 0.3% 1.6%
Bellbrook 49 $171,000 1.0% 6.5%
Canfield 50 $175,400 -0.5% 2.9%
Fairlawn 51 $169,800 0.8% -2.1%
Wauseon 52 $133,600 6.4% 8.3%
Hubbard 53 $97,900 -0.5% 2.9%
Grandview Heights 54 $342,500 4.1% 9.2%
Campbell 55 $61,300 -0.3% -1.3%
Bellevue 56 $98,800 -0.2% 4.1%
St. Marys 57 $109,100 0.0% 7.1%
Eaton 58 $97,000 -0.3% 1.6%
Orrville 59 $118,200 -1.4% 2.4%
Bryan 60 $94,900 -1.5% 7.0%
Kenton 61 $78,600 0.4% 1.3%
Oberlin 62 $152,700 -0.2% 1.7%
Cheviot 63 $93,300 0.1% 3.2%
Canal Winchester 64 $187,300 4.3% 5.9%
Highland Heights 65 $274,700 0.2% -1.2%
Wyoming 66 $314,800 0.7% 3.1%
Napoleon 67 $111,700 0.3% 7.3%
Shelby 68 $91,900 -0.8% -1.9%
Olmsted Falls 69 $152,900 0.1% 0.7%
Sheffield Lake 70 $109,900 -0.1% 1.2%
Oakwood 71 $239,600 -0.1% 6.6%
Madeira 72 $281,100 1.1% 5.5%
North College Hill 73 $82,100 -0.2% -0.8%
Louisville 74 $144,700 -0.2% 4.8%
Girard 75 $79,900 -0.7% -1.1%
Willoughby Hills 76 $264,200 0.1% 0.4%
Wapakoneta 77 $105,000 -0.2% 0.0%
Tipp City 78 $169,100 0.6% 5.2%
Galion 79 $70,700 -0.8% 2.0%
London 80 $136,100 0.5% 0.7%
Vermilion 81 $139,700 -3.0% 4.2%
Reading 82 $122,700 0.1% 5.1%
Celina 83 $112,400 -0.1% 3.1%
Struthers 84 $70,700 -0.5% 2.3%
Cambridge 85 $85,300 -0.6% 0.9%
Richmond Heights 86 $143,800 -0.1% 2.2%
Bedford Heights 87 $102,600 -0.3% 5.8%
Heath 88 $142,100 1.0% 8.0%
Montgomery 89 $354,100 0.7% 3.0%
East Liverpool 90 $54,500 -0.5% -0.7%
Brooklyn 91 $107,100 -0.3% 3.8%
New Albany 92 $494,600 6.3% -0.2%
Ironton 93 $94,900 -1.1% 1.3%
Coshocton 94 $83,900 0.0% 1.5%
Van Wert 95 $87,400 1.2% 5.8%
Springdale 96 $125,300 0.2% 3.0%
Urbana 97 $105,100 -0.7% 5.0%
Harrison 98 $141,800 3.9% 2.1%
Ravenna 99 $99,900 0.2% 1.4%
Seven Hills 100 $170,100 -0.0% 2.2%

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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