WASHINGTON (WOWO) – Ohio experienced the steepest decline in homeownership affordability of any state between 2020 and 2025, with fewer occupations paying enough to afford a typical home, according to a new report from the National Housing Conference.
The report, Priced Out: When a Good Job Isn’t Enough, found the share of occupations able to afford a typically priced home with a 10% down payment fell by nearly 41 percentage points across Ohio’s metropolitan areas.
Five Ohio metros — Mansfield, Cleveland, Springfield, Toledo and Akron — ranked among the 25 largest declines in homeownership affordability nationwide…