What is the average mortgage rate in Ohio in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Ohio 2026
Ohio offers affordable housing well below the national median, with a median home price of $253,000 in early 2026. The state has a modest real estate transfer tax of 0.10% and a top income tax rate of 3.125%.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Ohio. Not financial advice.
Ohio at a glance
- Average home price: $253,000
- State income tax: Yes (3.125% top rate)
- Land transfer tax: Yes ($1.00 per $1,000, approximately 0.10%)
- Typical monthly payment: $1,410/mo on $253,000 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Ohio have a real estate transfer tax?
Yes — $1.00 per $1,000 of sale price, approximately 0.10%.
What is the median home price in Ohio in 2026?
$253,000 — well below the national median, offering strong affordability.
How much do I need to earn to afford a home in Ohio?
To afford $253,000 with 20% down at 7.46%, you need approximately $60,000–$60,000 annual income.
Ohio mortgage calculator · Educational reference only. Not financial or lending advice.