Market Overview
Home Prices in Gambier, OH
The median home value in Gambier, OH is $381,187 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gambier are priced7% below average. Gambier is part of the Mount Vernon, OH metro area.
Over the past five years, Gambier home values have risen by approximately38.7%, reflecting strong long-term appreciation in this market.
Price History
Gambier Home Price Trend
City Comparison
Gambier vs. National Median
At $381,187, homes in Gambier cost 7% below the national median of $410,000. This makes Gambier a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gambier?
20% Down Payment
$76,237
on $381,187
Monthly P&I
$1,988/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,525/mo
incl. taxes & insurance
Income Needed
$101,000
gross annual (30% rule)
10% Down Option
$38,119
+ PMI applies
Loan Amount (20% dn)
$304,950
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 Gambier, OH?
The median home value in Gambier is $381,187 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Gambier?
Over the past year, home values in Gambier have increased by 5.8%. Over five years, prices have risen approximately 38.7%.
How much do I need to earn to buy a home in Gambier?
To comfortably afford the median home price of $381,187 with a 20% down payment ($76,237) at today's rates (6.8%), you'd need a gross annual income of approximately $101,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Gambier compare to the national average home price?
The national median home value is approximately $410,000. At $381,187, homes in Gambier are 7% below the national average.
What metro area is Gambier part of?
Gambier is part of the Mount Vernon, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.