Bexley, OH Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bexley, OH Housing Market Trends

With 13,770 people, 4,752 houses or apartments, and a median cost of homes of $524,701, Bexley house prices are not only among the most expensive in Ohio, Bexley real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Bexley, accounting for 77.29% of the city's housing units. Other types of housing that are prevalent in Bexley include large apartment complexes or high rise apartments ( 13.52%), duplexes, homes converted to apartments or other small apartment buildings ( 6.45%), and a few row houses and other attached homes ( 2.52%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bexley. Owner-occupied housing accounts for 67.85% of Bexley's homes, and 64.70% have either three or four bedrooms, which is average sized relative to America.

The housing in Bexley was primarily built before 1939 ( 46.54%), making the housing stock in Bexley some of the oldest overall in America, although there is a range of ages of homes in Bexley. The next most important housing age is between 1940-1969 ( 36.76%), followed by between 1970-1999 ( 13.44%). There's also some housing in Bexley built between 2000 and later ( 3.25%).

Bexley Home Appreciation Rates

In the last 10 years, Bexley has experienced some of the highest home appreciation rates of any community in the nation. Bexley real estate appreciated 72.68% over the last ten years, which is an average annual home appreciation rate of 5.61%, putting Bexley in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bexley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Bexley appreciation rates have trailed the rest of the nation. In the last twelve months, Bexley's appreciation rate has been 5.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bexley were at 1.89%, which equates to an annual appreciation rate of 7.77%.

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

Average Home Values

 

Median Home Value:
$524,701

Bexley, OH HOME PRICES

> $1,268,000
4.1%
4.1%
$951,001 - $1,268,000
6.4%
6.4%
$635,001 - $951,000
14.9%
14.9%
$508,001 - $635,000
14.1%
14.1%
$381,001 - $508,000
20.8%
20.8%
$254,001 - $381,000
24.7%
24.7%
$127,001 - $254,000
13.6%
13.6%
$63,001 - $127,000
1.0%
1.0%
$0 - $63,000
0.3%
0.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for OH

Value Relative To Nation

Number Of Homes And Apartments:
4,752

Bexley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
102.42% 3.37%
10
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,330 / per month

Homeownership Rate

Owners
67.9%
67.9%
Renters
32.1%
32.1%
Vacant
6.3%
6.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
3.3%
3.3%
1970 - 1999
13.4%
13.4%
1940 - 1969
36.8%
36.8%
1939 or Older
46.5%
46.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
77.3%
77.3%
Townhomes
2.5%
2.5%
Small Apt. Buildings
6.4%
6.4%
Apt. Complexes
13.5%
13.5%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.2%
2.2%
1 Bedroom
6.4%
6.4%
2 Bedrooms
16.3%
16.3%
3 Bedrooms
41.1%
41.1%
4 Bedrooms
23.6%
23.6%
5 or more bedrooms
10.3%
10.3%
0.0% 100.0%
% OF HOMES