Bryan, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Bryan, OH Real Estate Data


Bryan Housing Market Information

With a population of 8,436, 3,630 total housing units (homes and apartments), and a median house value of $110,910, house prices in Bryan are solidly below the national average.

Single-family detached homes are the single most common housing type in Bryan, accounting for 69.17% of the city's housing units. Other types of housing that are prevalent in Bryan include duplexes, homes converted to apartments or other small apartment buildings ( 14.67%), large apartment complexes or high rise apartments ( 10.96%), and a few row houses and other attached homes ( 3.32%).

The most prevalent building size and type in Bryan are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.88% owning and 40.12% renting.

There is a lot of housing in Bryan 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 Bryan built between 1940-1969 ( 31.42%). A lesser amount of the housing stock also hails from before 1939 ( 26.67%). There's also some housing in Bryan built between 2000 and later ( 5.34%).

Vacant housing appears to be an issue in Bryan. Fully 10.19% of the housing stock is classified as vacant. Left unchecked, vacant Bryan homes and apartments can be a drag on the real estate market, holding Bryan real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Bryan Home Appreciation Rates

Bryan's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bryan during the period has been just -0.89%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Bryan's appreciation rate, at 4.71%, has been at or slightly above the national average. In the latest quarter, Bryan's appreciation rate has been 1.15%, which annualizes to a rate of 4.69%.

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

Average Home Values

 

Median Home Value:
$110,910

Bryan, OH HOME PRICES

Value Range
> $1,071,000 0.5
$803,001 - $1,071,000 0.0
$535,001 - $803,000 0.5
$428,001 - $535,000 0.5
$321,001 - $428,000 0.6
$214,001 - $321,000 6.7
$107,001 - $214,000 33.3
$53,001 - $107,000 46.2
$0 - $53,000 11.6

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
71.792469403291 74.5406824146982

Number Of Homes And Apartments:
3,630

Rent & Ownership

 

Average Market Rent:
$774 / per month

Homeownership Rate

Homeownership
Owners 59.88
Renters 40.12
Vacant 10.19

Housing Market Details

 

Age of Homes

AGE OF Bryan HOMES
2000 or Newer 5.3
1970 - 1999 36.6
1940 - 1969 31.4
1939 or Older 26.7

Types of Homes

TYPE OF Bryan HOMES
Single-Family 69.2
Townhomes 3.3
Small Apt. Buildings 14.7
Apt. Complexes 11.0
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Bryan HOMES
No Bedroom 0.57
1 Bedroom 9.15
2 Bedrooms 30.63
3 Bedrooms 44.68
4 Bedrooms 12.79
5 or more bedrooms 2.18

Bryan 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
-0.83% -0.05% 2 1
* 10 is highest