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Featured local agent — Ashland, OH
Sarah Mitchell
Compass Real Estate · Ashland, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ashland, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$212,750median sale price
How is the Ashland, OH housing market right now?
The median home sale price in Ashland, OH is $212,750, up 16.9% year-over-year. Homes sell in an average of 35 days with 29 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ashland a buyer's or seller's market?
Ashland, OH is currently a seller's market, based on 1.6 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
35
Average pace
Active listings
29
1.6 months supply
Sale-to-list
98.0%
Below asking
What does the Ashland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $212,750 |
| Median list price | $235,000 |
| Year-over-year price change | +16.9% |
| Average days on market | 35 days |
| Active inventory | 29 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 29 |
| Listings with a price cut | 34.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Ashland by property type?
How the Ashland, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $196,400 | $144/sq ft | 16 | 33 days |
| Condo / Co-op | $252,750 | $207/sq ft | 2 | 43 days |
Source: Redfin · Updated monthly
The Ashland housing market is currently classified as a seller's market with a median sale price of $212,750. Prices have risen 16.9% compared to last year, with homes spending an average of 35 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Ashland
There are currently 29 homes listed for sale in Ashland, Ohio. The median listing price is $235K.
Active listings
29
Homes on market
Median list price
$235K
Avg. days on market
35
Days until sale
New this week
29
Newly listed
Who lives in Ashland?
Population
19,008
Median income
$57,310/yr
Median age
39 years
Owner-occupied
65.0%
College grads
23.8%
Avg commute
20.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Ashland?
Zillow home value
$238,875
Zillow rent index
$933/mo
Price-to-rent ratio
21.3x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Ashland?
Ashland is a community of approximately 19K residents with a median age of 39 years.The median household income is $57,310, which represents a working-class community with solid middle-income opportunities. 23.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.0%, showing a blend of owner and renter-occupied properties. The average commute time is 20.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ashland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ashland?
14 schools tracked · 5,297 students
The largest public schools serving Ashland, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ashland High School
Grades 9-12 · 892 students
Ashland Middle School
Grades 6-8 · 710 students
Reagan Elementary School
Grades PK-3 · 559 students
Taft Intermediate School
Grades 4-5 · 472 students
Edison Elementary School
Grades K-3 · 437 students
Ashland-W Holmes Career Center
Grades 7-12 · 418 students
Mapleton Elementary School
Grades PK-5 · 390 students
Crestview Elementary School
Grades PK-4 · 364 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ashland, OH?
Want a head-to-head view? Compare Ashland side-by-side with any other U.S. city using our market-comparison tool.
Is Ashland a good real estate investment market?
For investors evaluating Ashland, the price-to-rent ratio of 21.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 16.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Ashland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Ashland's median home price.
Frequently asked questions
What is the average home price in Ashland?
The median home sale price in Ashland is $212,750, up 16.9% from last year.
How long do homes stay on market in Ashland?
Homes typically spend 35 days on market before going under contract.
What is the median income in Ashland?
The median household income is $57,310 per year.
Is Ashland a buyer's or seller's market?
With 1.6 months of supply, Ashland is currently a seller's market.
What is the Zillow home value estimate for Ashland?
The Zillow Home Value Index (ZHVI) for Ashland is $238,875, representing the typical home value in the area.
What is the median condo price in Ashland?
The median condo/co-op sale price in Ashland, OH is $252,750, compared to $196,400 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ashland?
The median single-family home price in Ashland, OH is $196,400 (about $144 per square foot).
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