Bexley OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Bexley, 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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bexley Housing Market Information

With a population of 13,854, 4,646 total housing units (homes and apartments), and a median house value of $526,225, 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 76.38% of the city's housing units. Other types of housing that are prevalent in Bexley include large apartment complexes or high rise apartments ( 14.94%), duplexes, homes converted to apartments or other small apartment buildings ( 4.89%), and a few row houses and other attached homes ( 3.62%).

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 69.79% of Bexley's homes, and 65.73% have either three or four bedrooms, which is average sized relative to America.

The housing in Bexley was primarily built before 1939 ( 44.90%), 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 ( 37.87%), followed by between 1970-1999 ( 14.19%). There's also some housing in Bexley built between 2000 and later ( 3.04%).

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 65.08% over the last ten years, which is an average annual home appreciation rate of 5.14%, putting Bexley in the top 10% 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.

NeighborhoodScout's data show that during the latest twelve months, Bexley's appreciation rate, at 4.81%, has been at or slightly above the national average. In the latest quarter, Bexley's appreciation rate has been 1.13%, which annualizes to a rate of 4.58%.

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

Average Home Values

 

Median Home Value:
$526,225

Bexley, OH HOME PRICES

Value Range
> $1,315,000 3.7
$986,001 - $1,315,000 5.5
$658,001 - $986,000 14.0
$526,001 - $658,000 12.6
$395,001 - $526,000 18.4
$263,001 - $395,000 28.6
$132,001 - $263,000 15.5
$66,001 - $132,000 1.1
$0 - $66,000 0.6

Very High for OH
Very High for Nation

Value Relative to Nation Value Relative to State
6.96058394160584 0.656167979002625

Number Of Homes And Apartments:
4,646

Bexley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
95.39% 3.32%
10
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,280 / per month

Homeownership Rate

Homeownership
Owners 69.79
Renters 30.21
Vacant 7.69

Housing Market Details

 

Age of Homes

AGE OF Bexley HOMES
2000 or Newer 3.0
1970 - 1999 14.2
1940 - 1969 37.9
1939 or Older 44.9

Types of Homes

TYPE OF Bexley HOMES
Single-Family 76.4
Townhomes 3.6
Small Apt. Buildings 4.9
Apt. Complexes 14.9
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Bexley HOMES
No Bedroom 2.68
1 Bedroom 6.30
2 Bedrooms 15.00
3 Bedrooms 41.78
4 Bedrooms 23.94
5 or more bedrooms 10.29