Lodi, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Lodi Neighborhoods Since 2000




Lodi, OH Real Estate Data


Lodi Housing Market Information

With 2,768 people, 1,179 houses or apartments, and a median cost of homes of $83,468, house prices in Lodi 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 Lodi, accounting for 46.34% of the village's housing units. Other types of housing that are prevalent in Lodi include mobile homes or trailers ( 24.90%), duplexes, homes converted to apartments or other small apartment buildings ( 14.18%), and a few large apartment complexes or high rise apartments ( 10.80%).

People in Lodi primarily live in small (one, two or no bedroom) single-family detached homes. Lodi has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Lodi built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lodi built between 1940-1969 ( 28.68%). A lesser amount of the housing stock also hails from before 1939 ( 24.43%). There's also some housing in Lodi built between 2000 and later ( 4.33%).

Lodi Home Appreciation Rates

Lodi's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lodi during the period has been just -1.94%, which is lower than 80% of US communities.

Over the last year, Lodi appreciation rates have trailed the rest of the nation. In the last twelve months, Lodi's appreciation rate has been 2.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lodi were at -0.59%, which equates to an annual appreciation rate of -2.32%.

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

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

Average Home Values

 

Median Home Value:
$83,468

Lodi, OH HOME PRICES

Value Range
> $1,051,000 0.0
$788,001 - $1,051,000 0.0
$525,001 - $788,000 0.0
$420,001 - $525,000 0.0
$315,001 - $420,000 0.0
$210,001 - $315,000 3.5
$105,001 - $210,000 34.1
$52,001 - $105,000 36.7
$0 - $52,000 25.7

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
88.2163365756475 90.9448818897638

Number Of Homes And Apartments:
1,179

Rent & Ownership

 

Average Market Rent:
$680 / per month

Homeownership Rate

Homeownership
Owners 59.78
Renters 40.22
Vacant 7.09

Housing Market Details

 

Age of Homes

AGE OF Lodi HOMES
2000 or Newer 4.3
1970 - 1999 42.6
1940 - 1969 28.7
1939 or Older 24.4

Types of Homes

TYPE OF Lodi HOMES
Single-Family 46.3
Townhomes 3.8
Small Apt. Buildings 14.2
Apt. Complexes 10.8
Mobile Homes 24.9
Other 0.0

Home Size

SIZE OF Lodi HOMES
No Bedroom 1.26
1 Bedroom 8.75
2 Bedrooms 40.98
3 Bedrooms 38.93
4 Bedrooms 8.20
5 or more bedrooms 1.89

Lodi Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
-13.01% -0.80% 1 1
* 10 is highest