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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 19,229 people, 7,450 houses or apartments, and a median cost of homes of $233,112, Broadview Heights real estate is some of the most expensive in Ohio, although Broadview Heights home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Broadview Heights, accounting for 70.86% of the city's housing units. Other types of housing that are prevalent in Broadview Heights include large apartment complexes or high rise apartments ( 16.96%), row houses and other attached homes ( 10.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.82%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Broadview Heights. Owner-occupied housing accounts for 79.88% of Broadview Heights's homes, and 66.08% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Broadview Heights 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 Broadview Heights built between 1940-1969 ( 33.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.50%). There's also some housing in Broadview Heights built before 1939 ( 4.66%).
Real estate appreciation rates in Broadview Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.23% during the period.
NeighborhoodScout's data show that during the latest twelve months, Broadview Heights's appreciation rate, at 4.73%, has been at or slightly above the national average. In the latest quarter, Broadview Heights's appreciation rate has been -0.21%, which annualizes to a rate of -0.82%.
Relative to Ohio, our data show that Broadview Heights's latest annual appreciation rate is higher than 70% of the other cities and towns in Ohio.
|$852,001 - $1,136,000||1.0|
|$568,001 - $852,000||3.1|
|$455,001 - $568,000||7.2|
|$341,001 - $455,000||12.2|
|$228,001 - $341,000||30.2|
|$113,001 - $228,000||34.5|
|$57,001 - $113,000||7.7|
|$0 - $57,000||2.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Broadview Heights HOMES|
|2000 or Newer||19.5|
|1970 - 1999||42.3|
|1940 - 1969||33.6|
|1939 or Older||4.7|
|TYPE OF Broadview Heights HOMES|
|Small Apt. Buildings||1.8|
|SIZE OF Broadview Heights HOMES|
|5 or more bedrooms||5.83|