Perrysburg, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Perrysburg, 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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Perrysburg Housing Market Information

With 21,482 people, 8,372 houses or apartments, and a median cost of homes of $227,596, Perrysburg real estate is some of the most expensive in Ohio, although Perrysburg home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Perrysburg, accounting for 66.48% of the city's housing units. Other types of housing that are prevalent in Perrysburg include large apartment complexes or high rise apartments ( 20.31%), duplexes, homes converted to apartments or other small apartment buildings ( 7.71%), and a few row houses and other attached homes ( 3.75%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Perrysburg. Owner-occupied housing accounts for 67.09% of Perrysburg's homes, and 60.22% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Perrysburg 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 Perrysburg built between 2000 and later ( 27.54%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.36%). There's also some housing in Perrysburg built before 1939 ( 8.30%).

Perrysburg Home Appreciation Rates

Appreciation rates for homes in Perrysburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 21.74%, which ranks in the top 40% nationwide. This equates to an annual average Perrysburg house appreciation rate of 1.99%.

NeighborhoodScout's data show that during the latest twelve months, Perrysburg's appreciation rate, at 3.37%, has been at or slightly above the national average. In the latest quarter, Perrysburg's appreciation rate has been 2.34%, which annualizes to a rate of 9.69%.

Importantly, this makes Perrysburg one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Ohio, our data show that Perrysburg's latest annual appreciation rate is higher than 50% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Perrysburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Perrysburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Perrysburg real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$227,596

Perrysburg, OH HOME PRICES

Value Range
> $1,178,000 0.6
$884,001 - $1,178,000 0.9
$589,001 - $884,000 4.2
$471,001 - $589,000 6.8
$353,001 - $471,000 6.4
$236,001 - $353,000 32.2
$118,001 - $236,000 38.4
$59,001 - $118,000 7.3
$0 - $59,000 3.2

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
31.421897810219 13.3858267716535

Number Of Homes And Apartments:
8,372

Perrysburg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
25.24% 1.16%
6
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,337 / per month

Homeownership Rate

Homeownership
Owners 67.09
Renters 32.91
Vacant 5.03

Housing Market Details

 

Age of Homes

AGE OF Perrysburg HOMES
2000 or Newer 27.5
1970 - 1999 46.8
1940 - 1969 17.4
1939 or Older 8.3

Types of Homes

TYPE OF Perrysburg HOMES
Single-Family 66.5
Townhomes 3.8
Small Apt. Buildings 7.7
Apt. Complexes 20.3
Mobile Homes 1.6
Other 0.1

Home Size

SIZE OF Perrysburg HOMES
No Bedroom 0.61
1 Bedroom 12.24
2 Bedrooms 21.28
3 Bedrooms 26.63
4 Bedrooms 33.59
5 or more bedrooms 5.65