Celina, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Celina Neighborhoods Since 2000




Celina, 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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Celina Housing Market Information

With a population of 10,387, 4,497 total housing units (homes and apartments), and a median house value of $125,093, house prices in Celina are solidly below the national average.

Single-family detached homes are the single most common housing type in Celina, accounting for 69.41% of the city's housing units. Other types of housing that are prevalent in Celina include duplexes, homes converted to apartments or other small apartment buildings ( 12.34%), large apartment complexes or high rise apartments ( 10.42%), and a few mobile homes or trailers ( 6.12%).

The most prevalent building size and type in Celina are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.64% owning and 37.36% renting.

There is a lot of housing in Celina 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 Celina built between 1940-1969 ( 33.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.26%). There's also some housing in Celina built before 1939 ( 11.46%).

Vacant housing appears to be an issue in Celina. Fully 10.04% of the housing stock is classified as vacant. Left unchecked, vacant Celina homes and apartments can be a drag on the real estate market, holding Celina 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.

Celina Home Appreciation Rates

Real estate appreciation rates in Celina's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.02% during the period.

Over the last year, Celina appreciation rates have trailed the rest of the nation. In the last twelve months, Celina's appreciation rate has been 0.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Celina were at -0.60%, which equates to an annual appreciation rate of -2.39%.

Notably, Celina's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$125,093

Celina, OH HOME PRICES

Value Range
> $1,049,000 0.0
$787,001 - $1,049,000 0.5
$525,001 - $787,000 0.0
$419,001 - $525,000 0.2
$315,001 - $419,000 2.7
$210,001 - $315,000 10.8
$105,001 - $210,000 45.7
$52,001 - $105,000 30.7
$0 - $52,000 9.3

Average for OH
Low for Nation

Value Relative to Nation Value Relative to State
62.5278331184812 59.0551181102362

Number Of Homes And Apartments:
4,497

Celina Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
12.29% 0.67% 6 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$827 / per month

Homeownership Rate

Homeownership
Owners 62.64
Renters 37.36
Vacant 10.04

Housing Market Details

 

Age of Homes

AGE OF Celina HOMES
2000 or Newer 13.3
1970 - 1999 41.8
1940 - 1969 33.5
1939 or Older 11.5

Types of Homes

TYPE OF Celina HOMES
Single-Family 69.4
Townhomes 1.7
Small Apt. Buildings 12.3
Apt. Complexes 10.4
Mobile Homes 6.1
Other 0.0

Home Size

SIZE OF Celina HOMES
No Bedroom 1.90
1 Bedroom 4.50
2 Bedrooms 33.03
3 Bedrooms 46.65
4 Bedrooms 11.46
5 or more bedrooms 2.46