Brunswick OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Brunswick, 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 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

Brunswick Housing Market Information

With 34,897 people, 13,232 houses or apartments, and a median cost of homes of $199,599, Brunswick real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Brunswick, accounting for 74.46% of the city's housing units. Other types of housing that are prevalent in Brunswick include large apartment complexes or high rise apartments ( 16.09%), row houses and other attached homes ( 7.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.96%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brunswick. Owner-occupied housing accounts for 77.98% of Brunswick's homes, and 71.68% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brunswick 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 Brunswick built between 1940-1969 ( 26.38%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.32%). There's also some housing in Brunswick built before 1939 ( 1.73%).

Brunswick Home Appreciation Rates

Appreciation rates for homes in Brunswick have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 27.92%, which ranks in the top 50% nationwide. This equates to an annual average Brunswick house appreciation rate of 2.49%.

NeighborhoodScout's data show that during the latest twelve months, Brunswick's appreciation rate, at 6.44%, has been at or slightly above the national average. In the latest quarter, Brunswick's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to Ohio, our data show that Brunswick's latest annual appreciation rate is higher than 60% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Brunswick differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brunswick - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Brunswick real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$199,599

Brunswick, OH HOME PRICES

Value Range
> $1,181,000 0.5
$886,001 - $1,181,000 0.0
$591,001 - $886,000 0.3
$473,001 - $591,000 0.7
$355,001 - $473,000 3.0
$236,001 - $355,000 26.2
$118,001 - $236,000 60.9
$59,001 - $118,000 6.4
$0 - $59,000 2.0

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
41.0569343065693 23.3595800524934

Number Of Homes And Apartments:
13,232

Brunswick Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
25.63% 1.13%
4
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,085 / per month

Homeownership Rate

Homeownership
Owners 77.98
Renters 22.02
Vacant 5.21

Housing Market Details

 

Age of Homes

AGE OF Brunswick HOMES
2000 or Newer 13.3
1970 - 1999 58.6
1940 - 1969 26.4
1939 or Older 1.7

Types of Homes

TYPE OF Brunswick HOMES
Single-Family 74.5
Townhomes 7.2
Small Apt. Buildings 2.0
Apt. Complexes 16.1
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Brunswick HOMES
No Bedroom 0.81
1 Bedroom 5.95
2 Bedrooms 18.96
3 Bedrooms 44.77
4 Bedrooms 26.91
5 or more bedrooms 2.59