Market Overview
Home Prices in Lockbourne, OH
The median home value in Lockbourne, OH is $316,366 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lockbourne are priced23% below average. Lockbourne is part of the Columbus, OH metro area.
Over the past five years, Lockbourne home values have risen by approximately17.8%, reflecting steady appreciation in this market.
Price History
Lockbourne Home Price Trend
City Comparison
Lockbourne vs. National Median
At $316,366, homes in Lockbourne cost 23% below the national median of $410,000. This makes Lockbourne a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lockbourne?
20% Down Payment
$63,273
on $316,366
Monthly P&I
$1,650/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,096/mo
incl. taxes & insurance
Income Needed
$83,840
gross annual (30% rule)
10% Down Option
$31,637
+ PMI applies
Loan Amount (20% dn)
$253,093
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 Lockbourne, OH?
The median home value in Lockbourne is $316,366 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Lockbourne?
Over the past year, home values in Lockbourne have increased by 0.5%. Over five years, prices have risen approximately 17.8%.
How much do I need to earn to buy a home in Lockbourne?
To comfortably afford the median home price of $316,366 with a 20% down payment ($63,273) at today's rates (6.8%), you'd need a gross annual income of approximately $83,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Lockbourne compare to the national average home price?
The national median home value is approximately $410,000. At $316,366, homes in Lockbourne are 23% below the national average.
What metro area is Lockbourne part of?
Lockbourne is part of the Columbus, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.