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Conneaut

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

Median Home$121,720
Median Rent$732/month
Population12,217
Leading IndustriesRetail · Professional Services · Transportation22% retail
Home Value Growth⬆⬆+20.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners70% of occupied units
NotableAffordable Market$122k median home · lower cost than 84% of the country
Conneaut
OH

Frequently Asked Questions

What are today's mortgage rates in Conneaut?

As of today, the 30-year fixed mortgage rate for Conneaut is approximately 7.246% (7.295% 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 Conneaut?

The median home value in Conneaut is $122k. The median monthly rent is $732. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Conneaut?

Home values in Conneaut have increased 20.5% 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 Conneaut?

Based on a typical all-in ownership cost of $666/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Conneaut is $57k/year.

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What industries drive the economy in Conneaut?

The largest employment sectors in Conneaut are retail (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.