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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 7,022 people, 3,043 houses or apartments, and a median cost of homes of $132,219, house prices in Huron are solidly below the national average.
Single-family detached homes are the single most common housing type in Huron, accounting for 73.39% of the city's housing units. Other types of housing that are prevalent in Huron include large apartment complexes or high rise apartments ( 8.87%), row houses and other attached homes ( 7.48%), and a few mobile homes or trailers ( 5.52%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Huron. Owner-occupied housing accounts for 70.54% of Huron's homes, and 64.18% 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. Huron's housing was primarily built during this period, from the '40s through the '60s. A full 47.34% of the city's housing hails from this era. Other housing ages represented in Huron include homes built between 1970-1999 ( 33.14%) and housing constructed before 1939 ( 16.18%). There's also some housing in Huron built between 2000 and later ( 3.35%).
Vacant housing appears to be an issue in Huron. Fully 15.12% of the housing stock is classified as vacant. Left unchecked, vacant Huron homes and apartments can be a drag on the real estate market, holding Huron 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.
Real estate appreciation rates in Huron's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.61% during the period.
Over the last year, Huron appreciation rates have trailed the rest of the nation. In the last twelve months, Huron's appreciation rate has been 0.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Huron were at -0.60%, which equates to an annual appreciation rate of -2.39%.
Notably, Huron's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Ohio, our data show that Huron's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.
|$773,001 - $1,032,000||0.2|
|$516,001 - $773,000||0.4|
|$413,001 - $516,000||3.0|
|$310,001 - $413,000||6.3|
|$206,001 - $310,000||16.4|
|$103,001 - $206,000||46.8|
|$51,001 - $103,000||20.2|
|$0 - $51,000||6.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Huron HOMES|
|2000 or Newer||3.3|
|1970 - 1999||33.1|
|1940 - 1969||47.3|
|1939 or Older||16.2|
|TYPE OF Huron HOMES|
|Small Apt. Buildings||4.7|
|SIZE OF Huron HOMES|
|5 or more bedrooms||2.57|