Blue Ash, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Blue Ash Neighborhoods Since 2000




Blue Ash, 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

Blue Ash Housing Market Information

With 12,159 people, 5,134 houses or apartments, and a median cost of homes of $227,562, 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 68.37% of the city's housing units. Other types of housing that are prevalent in Blue Ash include large apartment complexes or high rise apartments ( 19.08%), row houses and other attached homes ( 8.36%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.59%).

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 70.62% of Blue Ash's homes, and 59.77% 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 ( 32.53%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.07%). There's also some housing in Blue Ash built before 1939 ( 4.31%).

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 12.06%, which ranks in the top 30% nationwide. This equates to an annual average Blue Ash house appreciation rate of 1.15%.

NeighborhoodScout's data show that during the latest twelve months, Blue Ash's appreciation rate, at 5.46%, has been at or slightly above the national average. In the latest quarter, Blue Ash's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

Relative to Ohio, our data show that Blue Ash's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$227,562

Blue Ash, OH HOME PRICES

Value Range
> $1,165,000 0.0
$873,001 - $1,165,000 0.3
$582,001 - $873,000 11.2
$466,001 - $582,000 4.7
$349,001 - $466,000 15.0
$233,001 - $349,000 26.1
$116,001 - $233,000 33.4
$58,001 - $116,000 6.6
$0 - $58,000 2.6

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
26.2393062228993 9.84251968503937

Number Of Homes And Apartments:
5,134

Blue Ash 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
37.17% 1.85% 10 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,237 / per month

Homeownership Rate

Homeownership
Owners 70.62
Renters 29.38
Vacant 5.43

Housing Market Details

 

Age of Homes

AGE OF Blue Ash HOMES
2000 or Newer 5.1
1970 - 1999 58.1
1940 - 1969 32.5
1939 or Older 4.3

Types of Homes

TYPE OF Blue Ash HOMES
Single-Family 68.4
Townhomes 8.4
Small Apt. Buildings 3.6
Apt. Complexes 19.1
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Blue Ash HOMES
No Bedroom 0.17
1 Bedroom 8.60
2 Bedrooms 26.05
3 Bedrooms 32.07
4 Bedrooms 27.70
5 or more bedrooms 5.42