menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hubbard, OH Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hubbard, OH Housing Market Trends

With 7,576 people, 3,380 houses or apartments, and a median cost of homes of $153,420, house prices in Hubbard are some of the most affordable in Ohio as well as the nation.

Single-family detached homes are the single most common housing type in Hubbard, accounting for 81.85% of the city's housing units. Other types of housing that are prevalent in Hubbard include large apartment complexes or high rise apartments ( 10.63%), row houses and other attached homes ( 4.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.53%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hubbard. Owner-occupied housing accounts for 79.91% of Hubbard's homes, and 72.86% 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. Hubbard's housing was primarily built during this period, from the '40s through the '60s. A full 43.19% of the city's housing hails from this era. Other housing ages represented in Hubbard include homes built between 1970-1999 ( 34.41%) and housing constructed before 1939 ( 15.23%). There's also some housing in Hubbard built between 2000 and later ( 7.17%).

Hubbard Home Appreciation Rates

Appreciation rates for homes in Hubbard have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.84%, which ranks in the top 40% nationwide. This equates to an annual average Hubbard house appreciation rate of 6.79%.

NeighborhoodScout's data show that during the latest twelve months, Hubbard's appreciation rate, at 5.72%, has been at or slightly above the national average. In the latest quarter, Hubbard's appreciation rate has been 0.15%, which annualizes to a rate of 0.61%.

Relative to Ohio, our data show that Hubbard's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$153,420

Hubbard, OH Home Prices
> $1,375,000
$1,031,001 - $1,375,000
$687,001 - $1,031,000
$550,001 - $687,000
$413,001 - $550,000
$275,001 - $413,000
$138,001 - $275,000
$69,001 - $138,000
$0 - $69,000
0.0%
0.0%
0.0%
0.0%
0.1%
0.1%
0.5%
0.5%
0.2%
0.2%
11.9%
11.9%
59.6%
59.6%
23.9%
23.9%
3.6%
3.6%
0% 100.0%
% of Homes
Very Low

for Ohio

Very Low

for nation

Number of Homes And Apartments:

3,380

Hubbard Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,157 / per month

Homeownership Rate

Owners
Renters
79.9%
79.9%
20.1%
20.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.9%
7.9%
92.1%
92.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.2%
7.2%
34.4%
34.4%
43.2%
43.2%
15.2%
15.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
81.9%
81.9%
5.0%
5.0%
2.5%
2.5%
10.6%
10.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
6.8%
6.8%
18.0%
18.0%
63.2%
63.2%
9.6%
9.6%
1.6%
1.6%
0% 100.0%
% of Homes