Huntsville, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Huntsville Neighborhoods Since 2000




Huntsville, 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

Huntsville Housing Market Information

With 427 people, 202 houses or apartments, and a median cost of homes of $139,700, Huntsville 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 Huntsville, accounting for 82.61% of the village's housing units. Other types of housing that are prevalent in Huntsville include mobile homes or trailers ( 8.70%), large apartment complexes or high rise apartments ( 7.83%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Huntsville. Owner-occupied housing accounts for 68.32% of Huntsville's homes, and 66.96% 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. Huntsville's housing was primarily built during this period, from the '40s through the '60s. A full 41.74% of the village's housing hails from this era. Other housing ages represented in Huntsville include homes built before 1939 ( 36.96%) and housing constructed between 1970-1999 ( 20.87%).

Vacant housing appears to be an issue in Huntsville. Fully 12.17% of the housing stock is classified as vacant. Left unchecked, vacant Huntsville homes and apartments can be a drag on the real estate market, holding Huntsville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Huntsville Home Appreciation Rates

Real estate appreciation rates in Huntsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.08% during the period.

Over the last year, Huntsville appreciation rates have trailed the rest of the nation. In the last twelve months, Huntsville's appreciation rate has been -1.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Huntsville were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

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

Average Home Values

 

Median Home Value:
$139,700

Huntsville, OH HOME PRICES

Value Range
> $1,037,000 0.0
$778,001 - $1,037,000 0.6
$518,001 - $778,000 0.6
$415,001 - $518,000 1.7
$311,001 - $415,000 2.3
$207,001 - $311,000 16.3
$104,001 - $207,000 41.4
$52,001 - $104,000 27.8
$0 - $52,000 9.3

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
54.8898394468534 45.6036745406824

Number Of Homes And Apartments:
202

Huntsville 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
22.46% 1.18% 8 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$910 / per month

Homeownership Rate

Homeownership
Owners 68.32
Renters 31.68
Vacant 12.17

Housing Market Details

 

Age of Homes

AGE OF Huntsville HOMES
2000 or Newer 0.4
1970 - 1999 20.9
1940 - 1969 41.7
1939 or Older 37.0

Types of Homes

TYPE OF Huntsville HOMES
Single-Family 82.6
Townhomes 0.0
Small Apt. Buildings 0.9
Apt. Complexes 7.8
Mobile Homes 8.7
Other 0.0

Home Size

SIZE OF Huntsville HOMES
No Bedroom 0.87
1 Bedroom 10.00
2 Bedrooms 18.70
3 Bedrooms 55.22
4 Bedrooms 11.74
5 or more bedrooms 3.48