Keyzy. U.S. property, non-resident

Investing in Ohio

Last reviewed 20 October 2026. Figures carry their publisher and their date. Where a figure could not be sourced, it is named at the foot of the page rather than estimated.

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General information, not advice. State landlord and tenant law, state tax and the restrictions below change often and are in active litigation in several states. Nothing here is legal advice. Before you commit, retain a licensed attorney in the state where the property sits.

Prices

$269,226Median sale price, all property types, September 2026, up 5.6% on the year.Source: Redfin, Ohio housing market (all property types), September 2026
$995Average homeowners insurance premium, forty seventh of the states in that edition.Source: Insurance Information Institute, average premiums for homeowners insurance by state, from NAIC data, 2022 data, the latest NAIC edition

For context, the national median for existing single family homes was $434,900 in the second quarter of 2026, up 1.5% on the year. Source: NAR, existing single family home prices by metro area, second quarter 2026, published 4 August 2026

Insurance

The NAIC figure above is from 2022, the latest edition of that survey, and it is the only series that is comparable across all states. Where a state regulator publishes something more recent, it is given below, but regulator figures use their own methods and cannot be compared with the NAIC series or with each other.

No more recent state regulator figure was obtained for this state.

Letting the property

ItemPosition
Rent regulationNot found. We did not establish whether Ohio caps rent or preempts local control.
Notice for unpaid rentAt least 3 days. Source: Ohio Revised Code 1923.04, consulted 20 October 2026
Security deposit capNo cap appears in the statutes we read.
Statutory notice periods only. They are not the same as how long an eviction takes in practice, which we did not establish for this state.

Restrictions by nationality

This is the fastest moving area on the site. One tracker counted 26 states with 63 such laws on 13 August 2026, with eight lawsuits running. Source: Committee of 100, state property ownership restrictions database, updated 12 August 2026

Ohio has a law restricting purchases by nationality.

ItemPosition
StatuteOhio Revised Code 5301.254 and 5301.256
Effectivenot found
Countries namedadversary countries on a register kept by the Secretary of State
What it coversNon-residents owning more than 3 acres or property worth more than $100,000 must register. Persons on the register are barred from acquiring agricultural land.
Where the courts standWe found no litigation.
Source: National Agricultural Law Center, Ohio state summary, consulted 20 October 2026
Several of these statutes are under constitutional challenge and some have been amended since enactment. Treat anything here as a pointer to the statute, not as a statement of what applies to you today, and have a licensed attorney in the state confirm the current position before you sign.

What we could not verify

  • The effective average property tax rate for the state.
  • The effective dates of R.C. 5301.254 and 5301.256.
  • Whether any rent regulation or preemption exists.
  • Any statutory cap on security deposits.

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