Apple Creek, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Apple Creek Neighborhoods Since 2000




Apple Creek, OH 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

Apple Creek Housing Market Information

With 1,184 people, 441 houses or apartments, and a median cost of homes of $177,380, Apple Creek real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Apple Creek, accounting for 74.13% of the village's housing units. Other types of housing that are prevalent in Apple Creek include duplexes, homes converted to apartments or other small apartment buildings ( 15.22%), row houses and other attached homes ( 5.22%), and a few large apartment complexes or high rise apartments ( 3.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Apple Creek. Owner-occupied housing accounts for 75.51% of Apple Creek's homes, and 64.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Apple Creek 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 Apple Creek built before 1939 ( 25.22%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.87%). There's also some housing in Apple Creek built between 2000 and later ( 14.57%).

Apple Creek Home Appreciation Rates

Real estate appreciation rates in Apple Creek's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.44% during the period.

Over the last year, Apple Creek appreciation rates have trailed the rest of the nation. In the last twelve months, Apple Creek's appreciation rate has been 1.86%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Apple Creek were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

Relative to Ohio, our data show that Apple Creek's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$177,380

Apple Creek, OH HOME PRICES

Value Range
> $1,077,000 4.4
$808,001 - $1,077,000 0.0
$539,001 - $808,000 2.1
$431,001 - $539,000 3.6
$323,001 - $431,000 1.1
$216,001 - $323,000 25.4
$107,001 - $216,000 38.7
$54,001 - $107,000 18.8
$0 - $54,000 5.9

High for OH
High for Nation

Value Relative to Nation Value Relative to State
39.0542599320286 22.7034120734908

Number Of Homes And Apartments:
441

Apple Creek Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
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
9.38% 0.52% 5 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$693 / per month

Homeownership Rate

Homeownership
Owners 75.51
Renters 24.49
Vacant 4.13

Housing Market Details

 

Age of Homes

AGE OF Apple Creek HOMES
2000 or Newer 14.6
1970 - 1999 39.3
1940 - 1969 20.9
1939 or Older 25.2

Types of Homes

TYPE OF Apple Creek HOMES
Single-Family 74.1
Townhomes 5.2
Small Apt. Buildings 15.2
Apt. Complexes 3.3
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Apple Creek HOMES
No Bedroom 0.87
1 Bedroom 4.78
2 Bedrooms 29.35
3 Bedrooms 52.83
4 Bedrooms 11.30
5 or more bedrooms 0.87