Market Overview
Home Prices in Drexel, OH
The median home value in Drexel, OH is $64,296 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and down 14.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Drexel are priced84% below average. Drexel is part of the Dayton-Kettering, OH metro area.
Over the past five years, Drexel home values have risen by approximately11.6%, reflecting steady appreciation in this market.
Price History
Drexel Home Price Trend
City Comparison
Drexel vs. National Median
At $64,296, homes in Drexel cost 84% below the national median of $410,000. This makes Drexel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Drexel?
20% Down Payment
$12,859
on $64,296
Monthly P&I
$335/mo
30-yr @ 6.8%
Total Monthly Est.
~$425/mo
incl. taxes & insurance
Income Needed
$17,000
gross annual (30% rule)
10% Down Option
$6,430
+ PMI applies
Loan Amount (20% dn)
$51,437
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 Drexel, OH?
The median home value in Drexel is $64,296 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Drexel?
Over the past year, home values in Drexel have increased by 6.1%. Over five years, prices have risen approximately 11.6%.
How much do I need to earn to buy a home in Drexel?
To comfortably afford the median home price of $64,296 with a 20% down payment ($12,859) at today's rates (6.8%), you'd need a gross annual income of approximately $17,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Drexel compare to the national average home price?
The national median home value is approximately $410,000. At $64,296, homes in Drexel are 84% below the national average.
What metro area is Drexel part of?
Drexel is part of the Dayton-Kettering, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.