Fairview Park, OH


Highest Appreciating Fairview Park Neighborhoods Since 2000

Fairview Park, 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

Fairview Park Housing Market Information

With 16,407 people, 7,297 houses or apartments, and a median cost of homes of $156,732, Fairview Park real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Fairview Park, accounting for 73.26% of the city's housing units. Other types of housing that are prevalent in Fairview Park include large apartment complexes or high rise apartments ( 21.43%), row houses and other attached homes ( 3.22%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.05%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fairview Park. Owner-occupied housing accounts for 73.43% of Fairview Park's homes, and 59.89% 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. Fairview Park's housing was primarily built during this period, from the '40s through the '60s. A full 70.90% of the city's housing hails from this era. Other housing ages represented in Fairview Park include homes built between 1970-1999 ( 14.45%) and housing constructed before 1939 ( 13.90%).

Fairview Park Home Appreciation Rates

Real estate appreciation rates in Fairview Park's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.15% during the period.

NeighborhoodScout's data show that during the latest twelve months, Fairview Park's appreciation rate, at 5.47%, has been at or slightly above the national average. In the latest quarter, Fairview Park's appreciation rate has been -0.21%, which annualizes to a rate of -0.82%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Fairview Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fairview Park - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fairview Park real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Fairview Park, OH HOME PRICES

Value Range
> $1,130,000 0.0
$848,001 - $1,130,000 0.0
$565,001 - $848,000 0.1
$452,001 - $565,000 1.3
$339,001 - $452,000 2.4
$226,001 - $339,000 11.9
$113,001 - $226,000 68.7
$56,001 - $113,000 11.9
$0 - $56,000 3.8

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
47.1053556779562 33.4645669291339

Number Of Homes And Apartments:

Fairview Park Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
5.12% 0.29% 4 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$856 / per month

Homeownership Rate

Owners 73.43
Renters 26.57
Vacant 4.78

Housing Market Details


Age of Homes

AGE OF Fairview Park HOMES
2000 or Newer 0.8
1970 - 1999 14.4
1940 - 1969 70.9
1939 or Older 13.9

Types of Homes

TYPE OF Fairview Park HOMES
Single-Family 73.3
Townhomes 3.2
Small Apt. Buildings 2.0
Apt. Complexes 21.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Fairview Park HOMES
No Bedroom 1.94
1 Bedroom 11.85
2 Bedrooms 22.97
3 Bedrooms 43.04
4 Bedrooms 16.85
5 or more bedrooms 3.35