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 about Scout's Real Estate Data
With a population of 5,300, 2,294 total housing units (homes and apartments), and a median house value of $221,290, house prices in Canal Fulton are solidly below the national average.
Single-family detached homes are the single most common housing type in Canal Fulton, accounting for 63.33% of the city's housing units. Other types of housing that are prevalent in Canal Fulton include duplexes, homes converted to apartments or other small apartment buildings ( 18.42%), row houses and other attached homes ( 9.33%), and a few large apartment complexes or high rise apartments ( 8.92%).
The most prevalent building size and type in Canal Fulton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.91% owning and 39.09% renting.
There is a lot of housing in Canal Fulton 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 Canal Fulton built between 2000 and later ( 19.84%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.60%). There's also some housing in Canal Fulton built before 1939 ( 11.64%).
Real estate appreciation rates in Canal Fulton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.40% during the period.
NeighborhoodScout's data show that during the latest twelve months, Canal Fulton's appreciation rate, at 4.83%, has been at or slightly above the national average. In the latest quarter, Canal Fulton's appreciation rate has been 4.86%, which annualizes to a rate of 20.92%.
Importantly, this makes Canal Fulton 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 Canal Fulton's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.
$221,290
for Ohio
for nation
2,294
$1,382 / per month