Avon, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Avon Neighborhoods Since 2000




Avon, 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

Avon Housing Market Information

With 22,544 people, 7,955 houses or apartments, and a median cost of homes of $267,227, Avon real estate is some of the most expensive in Ohio, although Avon home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Avon, accounting for 76.70% of the city's housing units. Other types of housing that are prevalent in Avon include row houses and other attached homes ( 11.31%), duplexes, homes converted to apartments or other small apartment buildings ( 6.98%), and a few large apartment complexes or high rise apartments ( 4.83%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Avon. Owner-occupied housing accounts for 77.24% of Avon's homes, and 73.52% have either three or four bedrooms, which is average sized relative to America.

Avon homes and real estate are some of the newest in America. 46.83% of Avon's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Avon real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 31.42%), and between 1940-1969 ( 14.51%). There's also some housing in Avon built before 1939 ( 7.24%).

Avon Home Appreciation Rates

Real estate appreciation rates in Avon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.14% during the period.

NeighborhoodScout's data show that during the latest twelve months, Avon's appreciation rate, at 4.14%, has been at or slightly above the national average. In the latest quarter, Avon's appreciation rate has been -0.21%, which annualizes to a rate of -0.82%.

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

Average Home Values

 

Median Home Value:
$267,227

Avon, OH HOME PRICES

Value Range
> $1,112,000 0.4
$834,001 - $1,112,000 0.0
$556,001 - $834,000 1.7
$445,001 - $556,000 8.6
$334,001 - $445,000 19.6
$222,001 - $334,000 35.7
$111,001 - $222,000 28.0
$56,001 - $111,000 3.9
$0 - $56,000 2.2

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
20.1335989687097 6.43044619422572

Number Of Homes And Apartments:
7,955

Avon 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
10.62% 0.59% 6 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,337 / per month

Homeownership Rate

Homeownership
Owners 77.24
Renters 22.76
Vacant 3.07

Housing Market Details

 

Age of Homes

AGE OF Avon HOMES
2000 or Newer 46.8
1970 - 1999 31.4
1940 - 1969 14.5
1939 or Older 7.2

Types of Homes

TYPE OF Avon HOMES
Single-Family 76.7
Townhomes 11.3
Small Apt. Buildings 7.0
Apt. Complexes 4.8
Mobile Homes 0.0
Other 0.2

Home Size

SIZE OF Avon HOMES
No Bedroom 0.80
1 Bedroom 4.90
2 Bedrooms 17.78
3 Bedrooms 33.92
4 Bedrooms 39.60
5 or more bedrooms 3.00