Findlay, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Findlay, 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

Findlay Housing Market Information

With 41,149 people, 17,552 houses or apartments, and a median cost of homes of $126,208, house prices in Findlay are solidly below the national average.

Single-family detached homes are the single most common housing type in Findlay, accounting for 60.95% of the city's housing units. Other types of housing that are prevalent in Findlay include large apartment complexes or high rise apartments ( 15.61%), duplexes, homes converted to apartments or other small apartment buildings ( 14.38%), and a few row houses and other attached homes ( 4.76%).

The most prevalent building size and type in Findlay are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.14% owning and 41.86% renting.

There is a lot of housing in Findlay 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 Findlay built between 1940-1969 ( 29.20%). A lesser amount of the housing stock also hails from before 1939 ( 25.46%). There's also some housing in Findlay built between 2000 and later ( 10.95%).

Findlay Home Appreciation Rates

Real estate appreciation rates in Findlay's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.23% during the period.

Over the last year, Findlay appreciation rates have trailed the rest of the nation. In the last twelve months, Findlay's appreciation rate has been 2.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Findlay were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

Relative to Ohio, our data show that Findlay's latest annual appreciation rate is lower than 60% 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 Findlay differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Findlay - 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 Findlay real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$126,208

Findlay, OH HOME PRICES

Value Range
> $1,089,000 0.1
$817,001 - $1,089,000 0.2
$545,001 - $817,000 1.1
$436,001 - $545,000 1.0
$327,001 - $436,000 3.9
$218,001 - $327,000 10.3
$109,001 - $218,000 46.4
$54,001 - $109,000 24.4
$0 - $54,000 12.6

Average for OH
Low for Nation

Value Relative to Nation Value Relative to State
61.8891362943865 57.8740157480315

Number Of Homes And Apartments:
17,552

Findlay 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
6.29% 0.35% 4 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$841 / per month

Homeownership Rate

Homeownership
Owners 58.14
Renters 41.86
Vacant 6.97

Housing Market Details

 

Age of Homes

AGE OF Findlay HOMES
2000 or Newer 10.9
1970 - 1999 34.4
1940 - 1969 29.2
1939 or Older 25.5

Types of Homes

TYPE OF Findlay HOMES
Single-Family 60.9
Townhomes 4.8
Small Apt. Buildings 14.4
Apt. Complexes 15.6
Mobile Homes 4.3
Other 0.0

Home Size

SIZE OF Findlay HOMES
No Bedroom 1.86
1 Bedroom 10.90
2 Bedrooms 32.33
3 Bedrooms 38.63
4 Bedrooms 12.83
5 or more bedrooms 3.46