Millersburg, 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 Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Millersburg, OH Housing Market Trends

With a population of 3,200, 1,341 total housing units (homes and apartments), and a median house value of $161,970, house prices in Millersburg are solidly below the national average.

Single-family detached homes are the single most common housing type in Millersburg, accounting for 51.16% of the village's housing units. Other types of housing that are prevalent in Millersburg include duplexes, homes converted to apartments or other small apartment buildings ( 23.91%), large apartment complexes or high rise apartments ( 13.35%), and a few mobile homes or trailers ( 7.70%).

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

There is a lot of housing in Millersburg 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 Millersburg built between 1940-1969 ( 27.72%). A lesser amount of the housing stock also hails from before 1939 ( 21.32%). There's also some housing in Millersburg built between 2000 and later ( 11.78%).

Millersburg Home Appreciation Rates

Real estate appreciation rates in Millersburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.11% during the period.

NeighborhoodScout's data show that during the latest twelve months, Millersburg's appreciation rate, at 7.56%, has been at or slightly above the national average. In the latest quarter, Millersburg's appreciation rate has been 2.23%, which annualizes to a rate of 9.20%.

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

Average Home Values

 

Median Home Value:
$161,970

Millersburg, OH HOME PRICES

> $1,149,000
3.0%
3.0%
$861,001 - $1,149,000
1.5%
1.5%
$574,001 - $861,000
5.5%
5.5%
$459,001 - $574,000
0.0%
0.0%
$345,001 - $459,000
2.8%
2.8%
$230,001 - $345,000
15.7%
15.7%
$115,001 - $230,000
42.3%
42.3%
$57,001 - $115,000
25.5%
25.5%
$0 - $57,000
3.7%
3.7%
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:
1,341

Millersburg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
41.40% 1.64%
6
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$848 / per month

Homeownership Rate

Owners
49.8%
49.8%
Renters
50.2%
50.2%
Vacant
8.7%
8.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
11.8%
11.8%
1970 - 1999
39.2%
39.2%
1940 - 1969
27.7%
27.7%
1939 or Older
21.3%
21.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
51.2%
51.2%
Townhomes
3.9%
3.9%
Small Apt. Buildings
23.9%
23.9%
Apt. Complexes
13.4%
13.4%
Mobile Homes
7.7%
7.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
18.7%
18.7%
2 Bedrooms
31.5%
31.5%
3 Bedrooms
40.8%
40.8%
4 Bedrooms
7.5%
7.5%
5 or more bedrooms
1.4%
1.4%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Millersburg

Zip Codes in Millersburg, OH