Mount Healthy, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mount Healthy, OH Real Estate Data


Mount Healthy Housing Market Information

With 6,039 people, 2,920 houses or apartments, and a median cost of homes of $95,111, house prices in Mount Healthy 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 Mount Healthy, accounting for 50.17% of the city's housing units. Other types of housing that are prevalent in Mount Healthy include large apartment complexes or high rise apartments ( 24.69%), duplexes, homes converted to apartments or other small apartment buildings ( 14.47%), and a few mobile homes or trailers ( 5.66%).

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

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Mount Healthy's housing was primarily built during this period, from the '40s through the '60s. A full 46.78% of the city's housing hails from this era. Other housing ages represented in Mount Healthy include homes built between 1970-1999 ( 24.69%) and housing constructed before 1939 ( 24.28%). There's also some housing in Mount Healthy built between 2000 and later ( 4.25%).

Mount Healthy Home Appreciation Rates

Mount Healthy's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Mount Healthy during the period has been just -1.84%, which is lower than 80% of US communities.

Over the last year, Mount Healthy appreciation rates have trailed the rest of the nation. In the last twelve months, Mount Healthy's appreciation rate has been 4.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Healthy were at 2.34%, which equates to an annual appreciation rate of 9.71%.

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

Average Home Values

 

Median Home Value:
$95,111

Mount Healthy, OH HOME PRICES

Value Range
> $1,068,000 0.0
$801,001 - $1,068,000 0.7
$533,001 - $801,000 0.0
$427,001 - $533,000 0.0
$320,001 - $427,000 0.0
$213,001 - $320,000 0.7
$107,001 - $213,000 33.2
$54,001 - $107,000 54.0
$0 - $54,000 11.4

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
82.0284593312643 86.2204724409449

Number Of Homes And Apartments:
2,920

Rent & Ownership

 

Average Market Rent:
$787 / per month

Homeownership Rate

Homeownership
Owners 42.67
Renters 57.33
Vacant 8.15

Housing Market Details

 

Age of Homes

AGE OF Mount Healthy HOMES
2000 or Newer 4.2
1970 - 1999 24.7
1940 - 1969 46.8
1939 or Older 24.3

Types of Homes

TYPE OF Mount Healthy HOMES
Single-Family 50.2
Townhomes 5.0
Small Apt. Buildings 14.5
Apt. Complexes 24.7
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Mount Healthy HOMES
No Bedroom 2.39
1 Bedroom 28.03
2 Bedrooms 29.41
3 Bedrooms 27.74
4 Bedrooms 11.26
5 or more bedrooms 1.16

Mount Healthy Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
-9.69% -0.60% 1 1
* 10 is highest

Popular Neighborhoods in Mount Healthy

Zip Codes in Mount Healthy, OH