Hilliard, OH

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Hilliard, 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 Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Hilliard Housing Market Information

With 35,939 people, 11,974 houses or apartments, and a median cost of homes of $292,184, Hilliard real estate is some of the most expensive in Ohio, although Hilliard home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Hilliard, accounting for 73.59% of the city's housing units. Other types of housing that are prevalent in Hilliard include large apartment complexes or high rise apartments ( 10.14%), row houses and other attached homes ( 9.75%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.52%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hilliard. Owner-occupied housing accounts for 76.98% of Hilliard's homes, and 75.23% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hilliard 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 Hilliard built between 2000 and later ( 21.74%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.10%). There's also some housing in Hilliard built before 1939 ( 1.47%).

Hilliard Home Appreciation Rates

In the last 10 years, Hilliard has experienced some of the highest home appreciation rates of any community in the nation. Hilliard real estate appreciated 34.66% over the last ten years, which is an average annual home appreciation rate of 3.02%, putting Hilliard in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hilliard definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Hilliard that despite a nationwide downturn in the housing market, Hilliard real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hilliard appreciation rates continue to be some of the highest in America, at 7.34%, which is higher than appreciation rates in 77.31% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hilliard. Hilliard appreciation rates in the latest quarter were at 3.63%, which equates to an annual appreciation rate of 15.32%.

Importantly, this makes Hilliard one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Ohio, our data show that Hilliard's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

Average Home Values


Median Home Value:


Value Range
> $1,294,000 0.1
$971,001 - $1,294,000 0.0
$647,001 - $971,000 0.7
$518,001 - $647,000 2.0
$388,001 - $518,000 12.4
$259,001 - $388,000 34.9
$129,001 - $259,000 42.4
$65,001 - $129,000 6.0
$0 - $65,000 1.4

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
20.3795620437956 6.8241469816273

Number Of Homes And Apartments:

Hilliard Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
54.17% 2.34%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,382 / per month

Homeownership Rate

Owners 76.98
Renters 23.02
Vacant 2.09

Housing Market Details


Age of Homes

2000 or Newer 21.7
1970 - 1999 58.7
1940 - 1969 18.1
1939 or Older 1.5

Types of Homes

Single-Family 73.6
Townhomes 9.8
Small Apt. Buildings 6.5
Apt. Complexes 10.1
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 0.65
1 Bedroom 5.70
2 Bedrooms 15.63
3 Bedrooms 39.46
4 Bedrooms 35.77
5 or more bedrooms 2.80