Stow appreciation rates and housing market information

Stow housing market information

With a population of 32,139, 12,852 total housing units (homes and apartments), and a median house value of $195,182, Stow real estate is some of the most expensive in Ohio, although Stow home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Stow, accounting for 63.33% of the city's housing units. Other types of housing that are prevalent in Stow include large apartment complexes or high rise apartments (16.54%), row houses and other attached homes (11.28%), duplexes, homes converted to apartments, or other small apartment buildings (8.14%), and a few mobile homes or trailers (0.71%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Stow. Owner-occupied housing accounts for 69.14% of Stow's homes, and 62.37% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stow built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Stow built from 1940-1969 (31.83%). A lesser amount of the housing stock also hails from 1995 and later (12.13%), and some were built from 1939 and earlier (12.13%).

Stow home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Stow, where house values have increased just 34.83%, which is an average annual increase of 3.48%. NeighborhoodScout's data show that in the latest quarter, Stow house values appreciated 2.75%, which is an annualized rate of 11.00%. This rate is lower than the appreciation rate found in 10% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Stow home appreciation rates, at 0.06%, have been at or slightly above the national average. In the latest quarter, Stow's appreciation rate has been 2.75%, which annualizes to a rate of 11.00%.

Importantly, this makes Stow one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Ohio, our data show that Stow's latest annual appreciation rate is higher than 34% of the other cities and towns in Ohio.