Bexley, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bexley Neighborhoods Since 2000




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 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

Bexley Housing Market Information

With 13,654 people, 4,534 houses or apartments, and a median cost of homes of $389,755, 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 77.91% of the city's housing units. Other types of housing that are prevalent in Bexley include large apartment complexes or high rise apartments ( 12.36%), duplexes, homes converted to apartments or other small apartment buildings ( 5.33%), and a few row houses and other attached homes ( 4.07%).

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 70.23% of Bexley's homes, and 65.64% have either three or four bedrooms, which is average sized relative to America.

The housing in Bexley was primarily built before 1939 ( 47.31%), 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 ( 39.17%), followed by between 1970-1999 ( 11.14%). There's also some housing in Bexley built between 2000 and later ( 2.38%).

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 22.23% over the last ten years, which is an average annual home appreciation rate of 2.03%, 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.

Appreciation rates are so strong in Bexley that despite a nationwide downturn in the housing market, Bexley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bexley appreciation rates continue to be some of the highest in America, at 7.31%, which is higher than appreciation rates in 83.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bexley. Bexley appreciation rates in the latest quarter were at 0.34%, which equates to an annual appreciation rate of 1.37%.

Relative to Ohio, our data show that Bexley's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$389,755

Bexley, OH HOME PRICES

Value Range
> $1,200,000 1.5
$900,001 - $1,200,000 3.9
$600,001 - $900,000 12.2
$480,001 - $600,000 8.5
$360,001 - $480,000 13.8
$240,001 - $360,000 33.6
$120,001 - $240,000 23.4
$60,001 - $120,000 1.6
$0 - $60,000 1.5

Very High for OH
Very High for Nation

Value Relative to Nation Value Relative to State
9.9027305754131 1.70603674540682

Number Of Homes And Apartments:
4,534

Bexley 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
49.79% 2.37% 10 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,211 / per month

Homeownership Rate

Homeownership
Owners 70.23
Renters 29.77
Vacant 7.70

Housing Market Details

 

Age of Homes

AGE OF Bexley HOMES
2000 or Newer 2.4
1970 - 1999 11.1
1940 - 1969 39.2
1939 or Older 47.3

Types of Homes

TYPE OF Bexley HOMES
Single-Family 77.9
Townhomes 4.1
Small Apt. Buildings 5.3
Apt. Complexes 12.4
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Bexley HOMES
No Bedroom 0.92
1 Bedroom 4.82
2 Bedrooms 16.78
3 Bedrooms 41.73
4 Bedrooms 23.90
5 or more bedrooms 11.85