Arcanum, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Arcanum Neighborhoods Since 2000




Arcanum, 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

Arcanum Housing Market Information

With a population of 2,087, 925 total housing units (homes and apartments), and a median house value of $125,858, house prices in Arcanum are solidly below the national average.

Single-family detached homes are the single most common housing type in Arcanum, accounting for 82.10% of the village's housing units. Other types of housing that are prevalent in Arcanum include duplexes, homes converted to apartments or other small apartment buildings ( 12.82%), row houses and other attached homes ( 5.09%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arcanum. Owner-occupied housing accounts for 68.97% of Arcanum's homes, and 59.61% have either three or four bedrooms, which is average sized relative to America.

The housing in Arcanum was primarily built before 1939 ( 37.03%), making the housing stock in Arcanum some of the oldest overall in America, although there is a range of ages of homes in Arcanum. The next most important housing age is between 1940-1969 ( 36.11%), followed by between 1970-1999 ( 20.75%). There's also some housing in Arcanum built between 2000 and later ( 6.10%).

Arcanum Home Appreciation Rates

Real estate appreciation rates in Arcanum's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.53% during the period.

Over the last year, Arcanum appreciation rates have trailed the rest of the nation. In the last twelve months, Arcanum's appreciation rate has been -11.29%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arcanum were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

Relative to Ohio, our data show that Arcanum's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$125,858

Arcanum, OH HOME PRICES

Value Range
> $1,043,000 0.0
$782,001 - $1,043,000 0.0
$521,001 - $782,000 0.0
$417,001 - $521,000 1.2
$313,001 - $417,000 5.6
$208,001 - $313,000 6.1
$104,001 - $208,000 51.2
$52,001 - $104,000 33.4
$0 - $52,000 2.6

Average for OH
Low for Nation

Value Relative to Nation Value Relative to State
62.0561350052736 58.005249343832

Number Of Homes And Apartments:
925

Arcanum 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
3.13% 0.18% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$795 / per month

Homeownership Rate

Homeownership
Owners 68.97
Renters 31.03
Vacant 5.90

Housing Market Details

 

Age of Homes

AGE OF Arcanum HOMES
2000 or Newer 6.1
1970 - 1999 20.8
1940 - 1969 36.1
1939 or Older 37.0

Types of Homes

TYPE OF Arcanum HOMES
Single-Family 82.1
Townhomes 5.1
Small Apt. Buildings 12.8
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Arcanum HOMES
No Bedroom 0.00
1 Bedroom 7.53
2 Bedrooms 31.94
3 Bedrooms 45.47
4 Bedrooms 14.14
5 or more bedrooms 0.92