North College Hill, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating North College Hill Neighborhoods Since 2000




North College Hill, 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

North College Hill Housing Market Information

With a population of 9,332, 4,158 total housing units (homes and apartments), and a median house value of $88,911, house prices in North College Hill 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 North College Hill, accounting for 64.95% of the city's housing units. Other types of housing that are prevalent in North College Hill include duplexes, homes converted to apartments or other small apartment buildings ( 15.97%), large apartment complexes or high rise apartments ( 15.93%), and a few row houses and other attached homes ( 3.14%).

People in North College Hill primarily live in small (one, two or no bedroom) single-family detached homes. North College Hill 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. North College Hill's housing was primarily built during this period, from the '40s through the '60s. A full 59.05% of the city's housing hails from this era. Other housing ages represented in North College Hill include homes built before 1939 ( 23.18%) and housing constructed between 1970-1999 ( 16.50%). There's also some housing in North College Hill built between 2000 and later ( 1.26%).

Vacant housing appears to be an issue in North College Hill. Fully 12.37% of the housing stock is classified as vacant. Left unchecked, vacant North College Hill homes and apartments can be a drag on the real estate market, holding North College Hill real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

North College Hill Home Appreciation Rates

Homes have actually lost value in North College Hill over the last then years, as home values have seen a decline of 21.69% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows North College Hill home appreciation rates at 0.43%, which equates to an annual appreciation rate of 1.74%.

NeighborhoodScout's data show that during the latest twelve months, North College Hill's appreciation rate, at 3.75%, has been at or slightly above the national average. In the latest quarter, North College Hill's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

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

Average Home Values

 

Median Home Value:
$88,911

North College Hill, OH HOME PRICES

Value Range
> $1,057,000 0.0
$793,001 - $1,057,000 0.0
$528,001 - $793,000 2.9
$423,001 - $528,000 0.0
$317,001 - $423,000 0.4
$211,001 - $317,000 1.7
$106,001 - $211,000 21.7
$53,001 - $106,000 62.0
$0 - $53,000 11.3

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
84.7650298839799 87.007874015748

Number Of Homes And Apartments:
4,158

North College Hill 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
-12.12% -0.75% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$945 / per month

Homeownership Rate

Homeownership
Owners 53.84
Renters 46.16
Vacant 12.37

Housing Market Details

 

Age of Homes

AGE OF North College Hill HOMES
2000 or Newer 1.3
1970 - 1999 16.5
1940 - 1969 59.1
1939 or Older 23.2

Types of Homes

TYPE OF North College Hill HOMES
Single-Family 65.0
Townhomes 3.1
Small Apt. Buildings 16.0
Apt. Complexes 15.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF North College Hill HOMES
No Bedroom 0.27
1 Bedroom 14.04
2 Bedrooms 41.48
3 Bedrooms 31.63
4 Bedrooms 12.22
5 or more bedrooms 0.36

Popular Neighborhoods in North College Hill

Zip Codes in North College Hill, OH