Mortgage Rates in Bucyrus, Ohio — March 2026
Updated March 2026 | Based on Bucyrus market data and regional lending conditions
Bucyrus is a growing city in Ohio with a population of 11,497. The current 30-year fixed mortgage rate in Bucyrus is 6.82%, which is 0.17% above the national average. With a median home price of $161,000 and a 20% down payment of $32,200, homebuyers can expect a monthly principal and interest payment of approximately $841.
Current Mortgage Rates in Bucyrus, OH
Below are the current average mortgage rates available in the Bucyrus area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.82% | 6.65% | +0.17% |
| 15-Year Fixed | 6.04% | 5.89% | +0.15% |
| 5/1 ARM | 6.29% | 6.15% | +0.14% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.07% | 6.85% | +0.22% |
Bucyrus Housing Market Overview
The Bucyrus housing market offers relatively affordable housing compared to many major cities. The median household income in Bucyrus is $57,500, and the cost of living index is 84.6 (national average = 100). Based on the 28% affordability rule, the median income in Bucyrus is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Bucyrus
Based on the median home price of $161,000 with 20% down ($32,200), here is what you can expect to pay monthly in Bucyrus:
15-Year vs. 30-Year Mortgage in Bucyrus
Choosing a 15-year mortgage in Bucyrus at 6.04% instead of a 30-year at 6.82% would save you $106,560 in total interest over the life of the loan. However, your monthly payment would be $1,090 instead of $841 — an increase of $249 per month.
Calculate Your Bucyrus Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Bucyrus
What are the current mortgage rates in Bucyrus, OH?
As of March 2026, the average 30-year fixed mortgage rate in Bucyrus, Ohio is 6.82%, while the 15-year fixed rate is 6.04%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.17% above the national average of 6.65%.
How much is a monthly mortgage payment in Bucyrus?
Based on the median home price of $161,000 with 20% down, the estimated monthly mortgage payment in Bucyrus is $841 for principal and interest. Including property taxes of $219/month, the total monthly housing cost is approximately $1,060.
What income do I need to buy a home in Bucyrus?
Using the 28% rule, you would need an annual income of approximately $45,429 to afford the median-priced home in Bucyrus at $161,000. The median household income in Bucyrus is $57,500. The median income is currently sufficient to meet this threshold.
Is Bucyrus a good place to buy a home in 2026?
Bucyrus offers a below-average cost of living with a cost of living index of 84.6 (national average = 100). The property tax rate in Ohio is 1.63%, which is above the national average. Bucyrus has a population of 11,497 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bucyrus, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.