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Kettering, 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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Kettering, OH Housing Market Trends

With a population of 57,862, 245 total housing units (homes and apartments), and a median house value of $203,933, house prices in Kettering are solidly below the national average.

Single-family detached homes are the single most common housing type in Kettering, accounting for 80.00% of the city's housing units. Other types of housing that are prevalent in Kettering include row houses and other attached homes ( 20.00%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kettering. Owner-occupied housing accounts for 78.78% of Kettering's homes, and 71.02% have either three or four bedrooms, which is average sized relative to America.

Kettering homes and real estate are some of the newest in America. 64.08% of Kettering's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Kettering real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.92%), and between 1940-1969 ( 0.00%).

Kettering Home Appreciation Rates

Appreciation rates for homes in Kettering have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 75.71%, which ranks in the top 40% nationwide. This equates to an annual average Kettering house appreciation rate of 5.80%.

NeighborhoodScout's data show that during the latest twelve months, Kettering's appreciation rate, at 13.51%, has been at or slightly above the national average. In the latest quarter, Kettering's appreciation rate has been 2.91%, which annualizes to a rate of 12.14%.

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

Average Home Values

 

Median Home Value:
$203,933

Kettering, OH HOME PRICES

> $1,402,000
$1,051,001 - $1,402,000
$701,001 - $1,051,000
$561,001 - $701,000
$421,001 - $561,000
$280,001 - $421,000
$140,001 - $280,000
$70,001 - $140,000
$0 - $70,000
0.1%
0.1%
0.2%
0.2%
1.2%
1.2%
1.3%
1.3%
3.5%
3.5%
10.8%
10.8%
58.7%
58.7%
21.9%
21.9%
2.4%
2.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Average for OH

Value Relative To Nation

Number Of Homes And Apartments:
245

Kettering Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
77.24% 2.58%
7
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,307 / per month

Homeownership Rate

Owners
Renters
Vacant
78.8%
78.8%
21.2%
21.2%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
64.1%
64.1%
35.9%
35.9%
0.0%
0.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.0%
80.0%
20.0%
20.0%
0.0%
0.0%
0.0%
0.0%
0.0%
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
0.0%
0.0%
0.0%
0.0%
18.0%
18.0%
47.8%
47.8%
23.3%
23.3%
11.0%
11.0%
0.0% 100.0%
% OF HOMES