Leetonia, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Leetonia Neighborhoods Since 2000




Leetonia, 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

Leetonia Housing Market Information

With a population of 1,904, 803 total housing units (homes and apartments), and a median house value of $103,914, house prices in Leetonia are solidly below the national average.

Single-family detached homes are the single most common housing type in Leetonia, accounting for 83.11% of the village's housing units. Other types of housing that are prevalent in Leetonia include duplexes, homes converted to apartments or other small apartment buildings ( 13.81%), row houses and other attached homes ( 2.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Leetonia. Owner-occupied housing accounts for 72.73% of Leetonia's homes, and 62.90% have either three or four bedrooms, which is average sized relative to America.

The housing in Leetonia was primarily built before 1939 ( 54.57%), making the housing stock in Leetonia some of the oldest overall in America, although there is a range of ages of homes in Leetonia. The next most important housing age is between 1970-1999 ( 19.75%), followed by between 1940-1969 ( 17.24%). There's also some housing in Leetonia built between 2000 and later ( 8.45%).

Leetonia Home Appreciation Rates

Leetonia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Leetonia during the period has been just -0.99%, which is lower than 70% of US communities.

Over the last year, Leetonia appreciation rates have trailed the rest of the nation. In the last twelve months, Leetonia's appreciation rate has been 0.27%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Leetonia were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

Relative to Ohio, our data show that Leetonia's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$103,914

Leetonia, OH HOME PRICES

Value Range
> $1,040,000 0.0
$780,001 - $1,040,000 0.1
$520,001 - $780,000 2.5
$416,001 - $520,000 0.2
$312,001 - $416,000 3.5
$208,001 - $312,000 5.3
$104,001 - $208,000 38.8
$52,001 - $104,000 33.6
$0 - $52,000 16.0

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
75.105472870034 75.4593175853018

Number Of Homes And Apartments:
803

Leetonia 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
-1.01% -0.06% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$838 / per month

Homeownership Rate

Homeownership
Owners 72.73
Renters 27.27
Vacant 8.33

Housing Market Details

 

Age of Homes

AGE OF Leetonia HOMES
2000 or Newer 8.4
1970 - 1999 19.7
1940 - 1969 17.2
1939 or Older 54.6

Types of Homes

TYPE OF Leetonia HOMES
Single-Family 83.1
Townhomes 2.2
Small Apt. Buildings 13.8
Apt. Complexes 0.0
Mobile Homes 0.8
Other 0.1

Home Size

SIZE OF Leetonia HOMES
No Bedroom 0.00
1 Bedroom 5.37
2 Bedrooms 30.59
3 Bedrooms 51.14
4 Bedrooms 11.76
5 or more bedrooms 1.14