Market Overview
Home Prices in Convoy, OH
The median home value in Convoy, OH is $208,149 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 6.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Convoy are priced49% below average. Convoy is part of the Van Wert, OH metro area.
Over the past five years, Convoy home values have risen by approximately39.5%, reflecting strong long-term appreciation in this market.
Price History
Convoy Home Price Trend
City Comparison
Convoy vs. National Median
At $208,149, homes in Convoy cost 49% below the national median of $410,000. This makes Convoy a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Convoy?
20% Down Payment
$41,630
on $208,149
Monthly P&I
$1,086/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,379/mo
incl. taxes & insurance
Income Needed
$55,160
gross annual (30% rule)
10% Down Option
$20,815
+ PMI applies
Loan Amount (20% dn)
$166,519
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Convoy, OH?
The median home value in Convoy is $208,149 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Convoy?
Over the past year, home values in Convoy have increased by 4.5%. Over five years, prices have risen approximately 39.5%.
How much do I need to earn to buy a home in Convoy?
To comfortably afford the median home price of $208,149 with a 20% down payment ($41,630) at today's rates (6.8%), you'd need a gross annual income of approximately $55,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Convoy compare to the national average home price?
The national median home value is approximately $410,000. At $208,149, homes in Convoy are 49% below the national average.
What metro area is Convoy part of?
Convoy is part of the Van Wert, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.