Home Equity in Ohio: How Much Can You Cash Out? (2026)
With Ohio's median value near $230,000 and a typical $127,000 balance, homeowners can access about $68,500 at 85% combined LTV — through a HELOC, a fixed home equity loan, or a cash-out refinance.
In Ohio, the cheapest way to tap equity is usually a second lien (HELOC/home equity loan) if your current mortgage rate is low; a cash-out refinance replaces the whole loan at 80% LTV.
Accessible equity by Ohio county
| County | Est. Value | Equity at 85% CLTV |
|---|---|---|
| Franklin County | $275,000 | $82,750 |
| Cuyahoga County | $150,000 | $44,500 |
| Hamilton County | $235,000 | $70,750 |
| Montgomery County | $180,000 | $54,000 |
| Summit County | $200,000 | $60,000 |
| Lucas County | $160,000 | $48,000 |
| Stark County | $230,000 | $68,500 |
| Butler County | $230,000 | $68,500 |
| Lorain County | $230,000 | $68,500 |
| Mahoning County | $230,000 | $68,500 |
| Lake County | $230,000 | $68,500 |
| Warren County | $230,000 | $68,500 |
| Clermont County | $230,000 | $68,500 |
| Delaware County | $230,000 | $68,500 |
| Trumbull County | $230,000 | $68,500 |
| Medina County | $230,000 | $68,500 |
| Licking County | $230,000 | $68,500 |
| Greene County | $230,000 | $68,500 |
| Fairfield County | $230,000 | $68,500 |
| Wood County | $230,000 | $68,500 |
| Portage County | $230,000 | $68,500 |
| Clark County | $230,000 | $68,500 |
| Geauga County | $230,000 | $68,500 |
| Allen County | $230,000 | $68,500 |
| Richland County | $230,000 | $68,500 |
| Wayne County | $230,000 | $68,500 |
| Columbiana County | $230,000 | $68,500 |
| Tuscarawas County | $230,000 | $68,500 |
| Miami County | $230,000 | $68,500 |
| Ashtabula County | $230,000 | $68,500 |
How to tap equity in Ohio
Start with your numbers: home value minus what you owe, capped at 85% of value. Then pick the tool — a revolving HELOC for flexible access, a fixed home equity loan for a lump sum, or a cash-out refinance if a new first-mortgage rate beats your current one. Compare two or three lenders, since margins and fees vary.
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Frequently Asked Questions
- How much home equity can I tap in Ohio?
- On a $230,000 home with a $127,000 balance, about $68,500 at 85% CLTV. Your exact limit depends on the lender, your credit, and the appraisal.
- Is a HELOC or cash-out better in Ohio?
- If your first mortgage rate is low, a HELOC or home equity loan is usually cheaper because it keeps that rate. A cash-out refinance only wins when today's rate beats your current one.