Housing · Payne

Payne, OH housing market

The typical Payne home is worth about $172,000, up 7.6% in a year, 31% below the Ohio typical home.

Home values, sales, trends and how Payne compares with the towns next door — updated as new data is published.

The market right now

Payne at a glance

Typical home value
$172K
▲ 7.6% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

PayneOhio
$50K$100K$150K$200K$250K 20182020202220242026 Payne $172K Ohio $249K
Show as a table
JanuaryPayneOhio
2017$87,000$133,000
2018$89,000$141,000
2019$97,000$150,000
2020$105,000$158,000
2021$122,000$178,000
2022$133,000$195,000
2023$146,000$211,000
2024$148,000$224,000
2025$158,000$237,000
2026$164,000$245,000
August 2026$172,000$249,000
New construction

1 new home permitted in 2025

Builders were permitted 1 new home in Payne in 2025. That's 0.7 per 1,000 residents, slower than across Ohio (3.3). Over the past 10 years, Payne has permitted 9 homes in all.

New homes, 2025
1
1 in 2024
2026 so far
0
Jan–Aug
Per 1,000 residents
0.7
Ohio: 3.3
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0246810 2003: 3 homes 2003 2004: 3 homes 2005: 9 homes (7 single-family, 2 in buildings with 2+ homes) 2005 2006: 7 homes 2007: 1 home 2008: 9 homes (0 single-family, 9 in buildings with 2+ homes) 2009: 2 homes 2010: 2 homes 2010 2011: 1 home 2012: 0 homes 2013: 0 homes 2014: 0 homes 2015: 1 home 2015 2016: 1 home 2017: 1 home 2018: 0 homes 2019: 0 homes 2020: 0 homes 2020 2021: 2 homes 2022: 1 home 2023: 2 homes 2024: 1 home 2025: 1 home 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents−2
New homes+6

Between the 2010 and 2020 censuses, Payne's population fell by 2 even though 6 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Ohio: 1.3 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025110$200,000
2024110$330,000
2023220$585,000
2022110$390,000
2021220$653,000
2020000—
2019000—
2018000—
2017110$152,000
2016110$261,000
2015110$100,000
2014000—
2013000—
2012000—
2011110$163,000
2010220$265,000
2009220$403,000
2008909$315,000
2007110$80,000
2006770$652,000
2005972$1.4 million
2004330$576,000
2003330$182,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

2.7 years of income

The typical Payne home costs about 2.7 years of the town's median household income, less than across Ohio (3.5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
69.4%
Ohio: 67.2%
Median tax bill
$1,204
Ohio: $2,822
Median rent
$759
Ohio: $1,034
Typical home built
1947
Ohio: 1970

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,060

HUD's Fair Market Rent for a two-bedroom in Payne is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Payne pay a median of $759, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.

1 bedroom
$850
a month, with utilities
2 bedrooms
$1,060
a month, with utilities
3 bedrooms
$1,460
a month, with utilities
Share of income
20%
2 bedrooms ÷ median income

Studio $800 · 4 bedrooms $1,670

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (45880; Paulding County, OH), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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