Athens, OH


Highest Appreciating Athens Neighborhoods Since 2000

Athens, OH Real Estate Data

Athens Housing Market Information

With 25,044 people, 6,772 houses or apartments, and a median cost of homes of $153,060, Athens real estate and house prices are near the national average for all cities and towns.

Large apartment complexes or high rise apartments are the single most common housing type in Athens, accounting for 39.21% of the city's housing units. Other types of housing that are prevalent in Athens include single-family detached homes ( 36.89%), duplexes, homes converted to apartments or other small apartment buildings ( 20.23%), and a few row houses and other attached homes ( 2.92%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

Athens is dominated by renter-occupied one, two, or no bedrooms apartments. 81.36% of Athens's dwellings are rentals.

There is a lot of housing in Athens 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 Athens built between 1940-1969 ( 24.72%). A lesser amount of the housing stock also hails from before 1939 ( 23.96%). There's also some housing in Athens built between 2000 and later ( 15.77%).

Vacant housing appears to be an issue in Athens. Fully 14.82% of the housing stock is classified as vacant. Left unchecked, vacant Athens homes and apartments can be a drag on the real estate market, holding Athens real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Athens Home Appreciation Rates

Appreciation rates for homes in Athens have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 15.70%, which ranks in the top 30% nationwide. This equates to an annual average Athens house appreciation rate of 1.47%.

Over the last year, Athens appreciation rates have trailed the rest of the nation. In the last twelve months, Athens's appreciation rate has been 4.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Athens were at 1.15%, which equates to an annual appreciation rate of 4.69%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Athens differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Athens - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Athens real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,129,000 0.1
$847,001 - $1,129,000 0.0
$564,001 - $847,000 0.5
$452,001 - $564,000 0.6
$339,001 - $452,000 3.5
$226,001 - $339,000 15.3
$113,001 - $226,000 40.6
$56,001 - $113,000 31.0
$0 - $56,000 8.4

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
49.4319845406102 38.1889763779528

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,095 / per month

Homeownership Rate

Owners 18.64
Renters 81.36
Vacant 14.82

Housing Market Details


Age of Homes

2000 or Newer 15.8
1970 - 1999 35.5
1940 - 1969 24.7
1939 or Older 24.0

Types of Homes

Single-Family 36.9
Townhomes 2.9
Small Apt. Buildings 20.2
Apt. Complexes 39.2
Mobile Homes 0.8
Other 0.0

Home Size

No Bedroom 2.55
1 Bedroom 23.19
2 Bedrooms 26.97
3 Bedrooms 26.68
4 Bedrooms 14.98
5 or more bedrooms 5.62

Athens Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
46.31% 2.26% 10 6
* 10 is highest