Blue Ash, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Blue Ash, OH Real Estate Data


Blue Ash Housing Market Information

With a population of 12,159, 5,299 total housing units (homes and apartments), and a median house value of $281,690, Blue Ash real estate is some of the most expensive in Ohio, although Blue Ash home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Blue Ash, accounting for 66.92% of the city's housing units. Other types of housing that are prevalent in Blue Ash include large apartment complexes or high rise apartments ( 20.89%), row houses and other attached homes ( 7.75%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.87%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Blue Ash. Owner-occupied housing accounts for 68.16% of Blue Ash's homes, and 58.84% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Blue Ash 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 Blue Ash built between 1940-1969 ( 32.19%). A lesser amount of the housing stock also hails from before 1939 ( 4.98%). There's also some housing in Blue Ash built between 2000 and later ( 4.17%).

Blue Ash Home Appreciation Rates

Appreciation rates for homes in Blue Ash have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.79%, which ranks in the top 40% nationwide. This equates to an annual average Blue Ash house appreciation rate of 1.12%.

NeighborhoodScout's data show that during the latest twelve months, Blue Ash's appreciation rate, at 5.67%, has been at or slightly above the national average. In the latest quarter, Blue Ash's appreciation rate has been 2.34%, which annualizes to a rate of 9.71%.

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

Average Home Values

 

Median Home Value:
$281,690

Blue Ash, OH HOME PRICES

Value Range
> $1,166,000 0.0
$875,001 - $1,166,000 0.3
$583,001 - $875,000 11.9
$467,001 - $583,000 5.1
$350,001 - $467,000 12.5
$234,001 - $350,000 25.2
$117,001 - $234,000 35.1
$58,001 - $117,000 7.7
$0 - $58,000 2.2

Very High for OH
Very High for Nation

Value Relative to Nation Value Relative to State
18.7620776482989 5.64304461942257

Number Of Homes And Apartments:
5,299

Rent & Ownership

 

Average Market Rent:
$1,190 / per month

Homeownership Rate

Homeownership
Owners 68.16
Renters 31.84
Vacant 6.67

Housing Market Details

 

Age of Homes

AGE OF Blue Ash HOMES
2000 or Newer 4.2
1970 - 1999 58.6
1940 - 1969 32.2
1939 or Older 5.0

Types of Homes

TYPE OF Blue Ash HOMES
Single-Family 66.9
Townhomes 7.7
Small Apt. Buildings 3.9
Apt. Complexes 20.9
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Blue Ash HOMES
No Bedroom 0.14
1 Bedroom 9.99
2 Bedrooms 25.57
3 Bedrooms 31.31
4 Bedrooms 27.53
5 or more bedrooms 5.46

Blue Ash Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
34.13% 1.74% 10 4
* 10 is highest