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Ballville

Learn about the people, housing, costs and businesses in Ballville, Ohio

Median Home$178,175
Median Rent$861/month
Population3,659
Leading IndustriesRetail · Information & Media · Finance & Insurance31% retail
Home Value Growth⬆⬆+19.8% over 2 years
Retirees25% of residentsabove average nationally
Homeowners80% of occupied units
NotableTransit86/100 · excellent transit access
Ballville
OH

Frequently Asked Questions

What are today's mortgage rates in Ballville?

As of today, the 30-year fixed mortgage rate for Ballville is approximately 6.995% (7.038% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ballville?

The median home value in Ballville is $178k. The median monthly rent is $861. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ballville?

Home values in Ballville have increased 19.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ballville?

Based on a typical all-in ownership cost of $895/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ballville is $76k/year.

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What industries drive the economy in Ballville?

The largest employment sectors in Ballville are retail (31%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.