Middlefield, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Middlefield Neighborhoods Since 2000




Middlefield, 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

Middlefield Housing Market Information

With 2,693 people, 1,195 houses or apartments, and a median cost of homes of $168,944, Middlefield real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Middlefield, accounting for 54.93% of the village's housing units. Other types of housing that are prevalent in Middlefield include large apartment complexes or high rise apartments ( 23.52%), duplexes, homes converted to apartments or other small apartment buildings ( 15.39%), and a few row houses and other attached homes ( 5.29%).

The most prevalent building size and type in Middlefield are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 51.87% owning and 48.13% renting.

There is a lot of housing in Middlefield 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 Middlefield built between 2000 and later ( 23.28%). A lesser amount of the housing stock also hails from before 1939 ( 19.18%). There's also some housing in Middlefield built between 1940-1969 ( 11.44%).

Middlefield Home Appreciation Rates

Middlefield's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Middlefield during the period has been just -1.53%, which is lower than 80% of US communities.

Over the last year, Middlefield appreciation rates have trailed the rest of the nation. In the last twelve months, Middlefield's appreciation rate has been 0.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Middlefield were at -0.21%, which equates to an annual appreciation rate of -0.82%.

Relative to Ohio, our data show that Middlefield's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$168,944

Middlefield, OH HOME PRICES

Value Range
> $1,070,000 0.5
$803,001 - $1,070,000 0.0
$535,001 - $803,000 0.0
$428,001 - $535,000 0.0
$321,001 - $428,000 2.0
$214,001 - $321,000 17.1
$107,001 - $214,000 67.0
$53,001 - $107,000 10.6
$0 - $53,000 2.8

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
41.9957810851986 26.7716535433071

Number Of Homes And Apartments:
1,195

Middlefield 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
3.90% 0.22% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$807 / per month

Homeownership Rate

Homeownership
Owners 51.87
Renters 48.13
Vacant 5.68

Housing Market Details

 

Age of Homes

AGE OF Middlefield HOMES
2000 or Newer 23.3
1970 - 1999 46.1
1940 - 1969 11.4
1939 or Older 19.2

Types of Homes

TYPE OF Middlefield HOMES
Single-Family 54.9
Townhomes 5.3
Small Apt. Buildings 15.4
Apt. Complexes 23.5
Mobile Homes 0.9
Other 0.0

Home Size

SIZE OF Middlefield HOMES
No Bedroom 2.68
1 Bedroom 14.05
2 Bedrooms 27.47
3 Bedrooms 43.49
4 Bedrooms 11.44
5 or more bedrooms 0.87