East Canton, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating East Canton Neighborhoods Since 2000




East Canton, 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

East Canton Housing Market Information

With 1,600 people, 573 houses or apartments, and a median cost of homes of $111,305, house prices in East Canton are solidly below the national average.

Single-family detached homes are the single most common housing type in East Canton, accounting for 79.47% of the village's housing units. Other types of housing that are prevalent in East Canton include duplexes, homes converted to apartments or other small apartment buildings ( 17.22%), row houses and other attached homes ( 2.48%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Canton. Owner-occupied housing accounts for 77.14% of East Canton's homes, and 64.07% 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. East Canton's housing was primarily built during this period, from the '40s through the '60s. A full 45.03% of the village's housing hails from this era. Other housing ages represented in East Canton include homes built between 1970-1999 ( 28.31%) and housing constructed before 1939 ( 23.68%). There's also some housing in East Canton built between 2000 and later ( 2.98%).

East Canton Home Appreciation Rates

Real estate appreciation rates in East Canton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.62% during the period.

NeighborhoodScout's data show that during the latest twelve months, East Canton's appreciation rate, at 5.05%, has been at or slightly above the national average. In the latest quarter, East Canton's appreciation rate has been 0.95%, which annualizes to a rate of 3.83%.

Relative to Ohio, our data show that East Canton's latest annual appreciation rate is higher than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$111,305

East Canton, OH HOME PRICES

Value Range
> $1,115,000 0.0
$836,001 - $1,115,000 0.0
$557,001 - $836,000 0.0
$446,001 - $557,000 0.0
$335,001 - $446,000 0.2
$223,001 - $335,000 4.4
$111,001 - $223,000 46.1
$56,001 - $111,000 35.1
$0 - $56,000 14.3

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
70.5965076760811 70.7349081364829

Number Of Homes And Apartments:
573

East Canton 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
2.46% 0.14% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$900 / per month

Homeownership Rate

Homeownership
Owners 77.14
Renters 22.86
Vacant 5.13

Housing Market Details

 

Age of Homes

AGE OF East Canton HOMES
2000 or Newer 3.0
1970 - 1999 28.3
1940 - 1969 45.0
1939 or Older 23.7

Types of Homes

TYPE OF East Canton HOMES
Single-Family 79.5
Townhomes 2.5
Small Apt. Buildings 17.2
Apt. Complexes 0.5
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF East Canton HOMES
No Bedroom 0.50
1 Bedroom 3.97
2 Bedrooms 28.97
3 Bedrooms 48.01
4 Bedrooms 16.06
5 or more bedrooms 2.48