Ontario, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Ontario Neighborhoods Since 2000




Ontario, NY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ontario Housing Market Information

With 2,152 people, 1,041 houses or apartments, and a median cost of homes of $124,536, house prices in Ontario are solidly below the national average.

Single-family detached homes are the single most common housing type in Ontario, accounting for 44.57% of the town's housing units. Other types of housing that are prevalent in Ontario include mobile homes or trailers ( 30.16%), large apartment complexes or high rise apartments ( 21.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.65%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ontario. Owner-occupied housing accounts for 71.76% of Ontario's homes, and 56.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Ontario built from 1970 to 1999 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 Ontario built before 1939 ( 20.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.16%). There's also some housing in Ontario built between 2000 and later ( 8.84%).

Ontario Home Appreciation Rates

Real estate appreciation rates in Ontario's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.20% during the period.

Over the last year, Ontario appreciation rates have trailed the rest of the nation. In the last twelve months, Ontario's appreciation rate has been 0.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ontario were at -0.57%, which equates to an annual appreciation rate of -2.26%.

Notably, Ontario's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Ontario's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$124,536

Ontario, NY HOME PRICES

Value Range
> $1,029,000 0.0
$772,001 - $1,029,000 0.0
$514,001 - $772,000 0.0
$412,001 - $514,000 0.0
$309,001 - $412,000 1.4
$206,001 - $309,000 18.4
$103,001 - $206,000 43.2
$52,001 - $103,000 14.9
$0 - $52,000 22.1

Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
62.7797960857846 70.8193041526375

Number Of Homes And Apartments:
1,041

Ontario Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
20.51% 1.09% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$900 / per month

Homeownership Rate

Homeownership
Owners 71.76
Renters 28.24
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Ontario HOMES
2000 or Newer 8.8
1970 - 1999 52.7
1940 - 1969 18.2
1939 or Older 20.3

Types of Homes

TYPE OF Ontario HOMES
Single-Family 44.6
Townhomes 0.0
Small Apt. Buildings 3.7
Apt. Complexes 21.6
Mobile Homes 30.2
Other 0.0

Home Size

SIZE OF Ontario HOMES
No Bedroom 7.49
1 Bedroom 7.78
2 Bedrooms 28.72
3 Bedrooms 40.83
4 Bedrooms 15.18
5 or more bedrooms 0.00

Popular Neighborhoods in Ontario

Zip Codes in Ontario, NY