Market Overview
Home Prices in Loudonville, OH
The median home value in Loudonville, OH is $239,996 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Loudonville are priced41% below average. Loudonville is part of the Ashland, OH metro area.
Over the past five years, Loudonville home values have risen by approximately33.1%, reflecting strong long-term appreciation in this market.
Price History
Loudonville Home Price Trend
City Comparison
Loudonville vs. National Median
At $239,996, homes in Loudonville cost 41% below the national median of $410,000. This makes Loudonville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Loudonville?
20% Down Payment
$47,999
on $239,996
Monthly P&I
$1,252/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,590/mo
incl. taxes & insurance
Income Needed
$63,600
gross annual (30% rule)
10% Down Option
$24,000
+ PMI applies
Loan Amount (20% dn)
$191,997
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 Loudonville, OH?
The median home value in Loudonville is $239,996 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Loudonville?
Over the past year, home values in Loudonville have increased by 3.3%. Over five years, prices have risen approximately 33.1%.
How much do I need to earn to buy a home in Loudonville?
To comfortably afford the median home price of $239,996 with a 20% down payment ($47,999) at today's rates (6.8%), you'd need a gross annual income of approximately $63,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Loudonville compare to the national average home price?
The national median home value is approximately $410,000. At $239,996, homes in Loudonville are 41% below the national average.
What metro area is Loudonville part of?
Loudonville is part of the Ashland, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.