Campbell, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Campbell Neighborhoods Since 2000




Campbell, OH Real Estate Data


Campbell Housing Market Information

With 7,982 people, 3,311 houses or apartments, and a median cost of homes of $68,434, house prices in Campbell are some of the most affordable in Ohio as well as the nation.

Single-family detached homes are the single most common housing type in Campbell, accounting for 80.39% of the city's housing units. Other types of housing that are prevalent in Campbell include large apartment complexes or high rise apartments ( 10.30%), duplexes, homes converted to apartments or other small apartment buildings ( 7.23%), and a few row houses and other attached homes ( 1.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Campbell. Owner-occupied housing accounts for 67.80% of Campbell's homes, and 61.44% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Campbell's housing was primarily built during this period, from the '40s through the '60s. A full 49.11% of the city's housing hails from this era. Other housing ages represented in Campbell include homes built before 1939 ( 30.37%) and housing constructed between 1970-1999 ( 17.12%). There's also some housing in Campbell built between 2000 and later ( 3.40%).

Vacant housing appears to be an issue in Campbell. Fully 16.01% of the housing stock is classified as vacant. Left unchecked, vacant Campbell homes and apartments can be a drag on the real estate market, holding Campbell 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.

Campbell Home Appreciation Rates

Homes have actually lost value in Campbell over the last then years, as home values have seen a decline of 21.10% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Campbell home appreciation rates at 3.77%, which equates to an annual appreciation rate of 15.96%.

Over the last year, Campbell appreciation rates have trailed the rest of the nation. In the last twelve months, Campbell's appreciation rate has been 4.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Campbell were at 3.77%, which equates to an annual appreciation rate of 15.96%.

Importantly, this makes Campbell one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$68,434

Campbell, OH HOME PRICES

Value Range
> $1,079,000 0.0
$809,001 - $1,079,000 0.0
$539,001 - $809,000 0.0
$432,001 - $539,000 0.0
$324,001 - $432,000 0.6
$215,001 - $324,000 1.4
$108,001 - $215,000 13.1
$54,001 - $108,000 52.5
$0 - $54,000 32.4

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
96.1292967148797 98.5564304461942

Number Of Homes And Apartments:
3,311

Rent & Ownership

 

Average Market Rent:
$748 / per month

Homeownership Rate

Homeownership
Owners 67.80
Renters 32.20
Vacant 16.01

Housing Market Details

 

Age of Homes

AGE OF Campbell HOMES
2000 or Newer 3.4
1970 - 1999 17.1
1940 - 1969 49.1
1939 or Older 30.4

Types of Homes

TYPE OF Campbell HOMES
Single-Family 80.4
Townhomes 1.7
Small Apt. Buildings 7.2
Apt. Complexes 10.3
Mobile Homes 0.1
Other 0.3

Home Size

SIZE OF Campbell HOMES
No Bedroom 0.71
1 Bedroom 6.80
2 Bedrooms 29.38
3 Bedrooms 49.52
4 Bedrooms 11.92
5 or more bedrooms 1.67

Campbell 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
-12.85% -0.81% 1 1
* 10 is highest