Napoleon, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Napoleon, 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

Napoleon Housing Market Information

With a population of 8,595, 3,776 total housing units (homes and apartments), and a median house value of $114,144, house prices in Napoleon are solidly below the national average.

Single-family detached homes are the single most common housing type in Napoleon, accounting for 64.98% of the city's housing units. Other types of housing that are prevalent in Napoleon include large apartment complexes or high rise apartments ( 11.93%), duplexes, homes converted to apartments or other small apartment buildings ( 10.37%), and a few mobile homes or trailers ( 8.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Napoleon. Owner-occupied housing accounts for 65.89% of Napoleon's homes, and 57.77% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Napoleon 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 Napoleon built between 1940-1969 ( 31.56%). A lesser amount of the housing stock also hails from before 1939 ( 23.03%). There's also some housing in Napoleon built between 2000 and later ( 5.85%).

Napoleon Home Appreciation Rates

Real estate appreciation rates in Napoleon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.76% during the period.

Over the last year, Napoleon appreciation rates have trailed the rest of the nation. In the last twelve months, Napoleon's appreciation rate has been 1.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Napoleon were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

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

Average Home Values

 

Median Home Value:
$114,144

Napoleon, OH HOME PRICES

Value Range
> $1,051,000 0.0
$788,001 - $1,051,000 0.4
$525,001 - $788,000 0.0
$420,001 - $525,000 0.0
$315,001 - $420,000 1.3
$210,001 - $315,000 9.2
$105,001 - $210,000 39.2
$52,001 - $105,000 40.2
$0 - $52,000 9.6

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
68.8269073010665 68.503937007874

Number Of Homes And Apartments:
3,776

Napoleon 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
10.41% 0.58% 5 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$933 / per month

Homeownership Rate

Homeownership
Owners 65.89
Renters 34.11
Vacant 4.74

Housing Market Details

 

Age of Homes

AGE OF Napoleon HOMES
2000 or Newer 5.9
1970 - 1999 39.6
1940 - 1969 31.6
1939 or Older 23.0

Types of Homes

TYPE OF Napoleon HOMES
Single-Family 65.0
Townhomes 3.9
Small Apt. Buildings 10.4
Apt. Complexes 11.9
Mobile Homes 8.2
Other 0.6

Home Size

SIZE OF Napoleon HOMES
No Bedroom 1.84
1 Bedroom 7.24
2 Bedrooms 30.75
3 Bedrooms 44.83
4 Bedrooms 12.94
5 or more bedrooms 2.40

Popular Neighborhoods in Napoleon

Zip Codes in Napoleon, OH