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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Grove City, OH Housing Affordability Index

Grove City, Ohio has an MBR Housing Affordability Index score of 101.4 (Near National Average) as of October 30, 2026, ranking 914th most affordable of 981 scored Ohio cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $310,400 home with 20% down, the Ohio average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $1,700, or 22% of the city’s $93,161 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Grove City is updated every night from live Ohio mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Grove City MBR-HAI 101.4 Near National Average
Rank in Ohio 914 of 981 1 = most affordable
Ohio 112.1 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.29% Ohio lenders
Median home value $310,400 U.S. Census Bureau

Grove City is 10.7 points below the Ohio score. Scores as of October 30, 2026. See the Ohio index

View Grove City Mortgage Rates

What It Takes to Buy in Grove City

$1,700/mo
Principal & Interest
Median home, 20% down, 7.29%
$72,900
Income Needed
To keep the payment at 28% of income
$93,161
Median Household Income
Ohio: $71,389
3.3x
Price-to-Income Ratio
Ohio: 3.0x
$1,616/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,626/yr
Median Property Tax
1.49% of median value
20.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
41.7%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Grove City, Ohio. The rate is the Ohio average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Grove City Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Grove City, Ohio score: 101.4 (Near National Average), ranked 914 of 981 Ohio cities. monitorbankrates.com/housing-affordability-index/ohio/grove-city”