Bellefontaine, OH


Highest Appreciating Bellefontaine Neighborhoods Since 2000

Bellefontaine, 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

Bellefontaine Housing Market Information

With a population of 13,117, 5,471 total housing units (homes and apartments), and a median house value of $97,150, house prices in Bellefontaine are solidly below the national average.

Single-family detached homes are the single most common housing type in Bellefontaine, accounting for 65.52% of the city's housing units. Other types of housing that are prevalent in Bellefontaine include large apartment complexes or high rise apartments ( 15.19%), duplexes, homes converted to apartments or other small apartment buildings ( 13.95%), and a few row houses and other attached homes ( 3.86%).

The most prevalent building size and type in Bellefontaine are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.90% owning and 44.10% renting.

There is a lot of housing in Bellefontaine 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 Bellefontaine built before 1939 ( 30.52%). A lesser amount of the housing stock also hails from between 1940-1969 ( 29.82%). There's also some housing in Bellefontaine built between 2000 and later ( 8.62%).

Vacant housing appears to be an issue in Bellefontaine. Fully 10.52% of the housing stock is classified as vacant. Left unchecked, vacant Bellefontaine homes and apartments can be a drag on the real estate market, holding Bellefontaine 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.

Bellefontaine Home Appreciation Rates

Real estate appreciation rates in Bellefontaine's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.18% during the period.

Over the last year, Bellefontaine appreciation rates have trailed the rest of the nation. In the last twelve months, Bellefontaine's appreciation rate has been 2.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bellefontaine were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

Relative to Ohio, our data show that Bellefontaine's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.

Average Home Values


Median Home Value:

Bellefontaine, OH HOME PRICES

Value Range
> $1,094,000 0.0
$820,001 - $1,094,000 0.0
$547,001 - $820,000 0.0
$437,001 - $547,000 0.4
$328,001 - $437,000 1.6
$219,001 - $328,000 6.6
$109,001 - $219,000 41.0
$55,001 - $109,000 44.0
$0 - $55,000 6.4

Very Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
79.4122817297551 81.2335958005249

Number Of Homes And Apartments:

Bellefontaine Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
10.35% 0.57% 5 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$932 / per month

Homeownership Rate

Owners 55.90
Renters 44.10
Vacant 10.52

Housing Market Details


Age of Homes

AGE OF Bellefontaine HOMES
2000 or Newer 8.6
1970 - 1999 31.0
1940 - 1969 29.8
1939 or Older 30.5

Types of Homes

TYPE OF Bellefontaine HOMES
Single-Family 65.5
Townhomes 3.9
Small Apt. Buildings 14.0
Apt. Complexes 15.2
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Bellefontaine HOMES
No Bedroom 0.64
1 Bedroom 9.65
2 Bedrooms 32.27
3 Bedrooms 41.27
4 Bedrooms 13.82
5 or more bedrooms 2.36

Popular Neighborhoods in Bellefontaine

Zip Codes in Bellefontaine, OH