Eaton, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Eaton Neighborhoods Since 2000




Eaton, 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

Eaton Housing Market Information

With 8,217 people, 3,353 houses or apartments, and a median cost of homes of $102,431, house prices in Eaton are solidly below the national average.

Single-family detached homes are the single most common housing type in Eaton, accounting for 70.40% of the city's housing units. Other types of housing that are prevalent in Eaton include large apartment complexes or high rise apartments ( 14.39%), duplexes, homes converted to apartments or other small apartment buildings ( 10.00%), and a few row houses and other attached homes ( 3.89%).

The most prevalent building size and type in Eaton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.76% owning and 43.24% renting.

There is a lot of housing in Eaton 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 Eaton built between 1940-1969 ( 30.69%). A lesser amount of the housing stock also hails from before 1939 ( 20.77%). There's also some housing in Eaton built between 2000 and later ( 9.95%).

Eaton Home Appreciation Rates

Eaton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Eaton during the period has been just -0.88%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Eaton's appreciation rate, at 3.21%, has been at or slightly above the national average. In the latest quarter, Eaton's appreciation rate has been -0.60%, which annualizes to a rate of -2.39%.

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

Relative to Ohio, our data show that Eaton's latest annual appreciation rate is higher than 50% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$102,431

Eaton, OH HOME PRICES

Value Range
> $1,061,000 0.0
$796,001 - $1,061,000 0.0
$531,001 - $796,000 0.3
$425,001 - $531,000 0.6
$319,001 - $425,000 0.8
$212,001 - $319,000 7.5
$106,001 - $212,000 31.1
$53,001 - $106,000 50.3
$0 - $53,000 9.4

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
76.0225008789406 76.6404199475066

Number Of Homes And Apartments:
3,353

Eaton 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
0.60% 0.03% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$795 / per month

Homeownership Rate

Homeownership
Owners 56.76
Renters 43.24
Vacant 8.11

Housing Market Details

 

Age of Homes

AGE OF Eaton HOMES
2000 or Newer 9.9
1970 - 1999 38.6
1940 - 1969 30.7
1939 or Older 20.8

Types of Homes

TYPE OF Eaton HOMES
Single-Family 70.4
Townhomes 3.9
Small Apt. Buildings 10.0
Apt. Complexes 14.4
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Eaton HOMES
No Bedroom 1.89
1 Bedroom 12.14
2 Bedrooms 27.32
3 Bedrooms 48.48
4 Bedrooms 7.76
5 or more bedrooms 2.41