Marysville, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Marysville, 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

Marysville Housing Market Information

With 22,817 people, 7,573 houses or apartments, and a median cost of homes of $180,498, Marysville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Marysville, accounting for 63.65% of the city's housing units. Other types of housing that are prevalent in Marysville include large apartment complexes or high rise apartments ( 17.11%), duplexes, homes converted to apartments or other small apartment buildings ( 11.19%), and a few mobile homes or trailers ( 4.19%).

The most prevalent building size and type in Marysville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.46% owning and 45.54% renting.

There is a lot of housing in Marysville 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 Marysville built between 2000 and later ( 29.04%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.40%). There's also some housing in Marysville built before 1939 ( 8.02%).

Marysville Home Appreciation Rates

Appreciation rates for homes in Marysville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.72%, which ranks in the top 40% nationwide. This equates to an annual average Marysville house appreciation rate of 0.65%.

NeighborhoodScout's data show that during the latest twelve months, Marysville's appreciation rate, at 5.47%, has been at or slightly above the national average. In the latest quarter, Marysville's appreciation rate has been 0.34%, which annualizes to a rate of 1.37%.

Relative to Ohio, our data show that Marysville's latest annual appreciation rate is higher than 80% 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 Marysville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Marysville - 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 Marysville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$180,498

Marysville, OH HOME PRICES

Value Range
> $1,161,000 0.0
$871,001 - $1,161,000 0.0
$581,001 - $871,000 0.4
$465,001 - $581,000 0.1
$349,001 - $465,000 2.5
$232,001 - $349,000 21.1
$116,001 - $232,000 63.7
$58,001 - $116,000 7.2
$0 - $58,000 4.9

High for OH
High for Nation

Value Relative to Nation Value Relative to State
37.9350755888902 20.8661417322835

Number Of Homes And Apartments:
7,573

Marysville 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
22.99% 1.21% 8 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,036 / per month

Homeownership Rate

Homeownership
Owners 54.46
Renters 45.54
Vacant 4.54

Housing Market Details

 

Age of Homes

AGE OF Marysville HOMES
2000 or Newer 29.0
1970 - 1999 46.5
1940 - 1969 16.4
1939 or Older 8.0

Types of Homes

TYPE OF Marysville HOMES
Single-Family 63.6
Townhomes 3.9
Small Apt. Buildings 11.2
Apt. Complexes 17.1
Mobile Homes 4.2
Other 0.0

Home Size

SIZE OF Marysville HOMES
No Bedroom 0.61
1 Bedroom 12.14
2 Bedrooms 25.60
3 Bedrooms 37.40
4 Bedrooms 21.85
5 or more bedrooms 2.41