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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Perrysburg Housing Market Information

With a population of 21,570, 8,679 total housing units (homes and apartments), and a median house value of $226,025, Perrysburg real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Perrysburg, accounting for 63.61% of the city's housing units. Other types of housing that are prevalent in Perrysburg include large apartment complexes or high rise apartments ( 24.16%), duplexes, homes converted to apartments or other small apartment buildings ( 7.77%), and a few row houses and other attached homes ( 3.17%).

The most prevalent building size and type in Perrysburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.89% owning and 35.11% renting.

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 ( 28.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.16%). There's also some housing in Perrysburg built before 1939 ( 7.88%).

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 29.91%, which ranks in the top 40% nationwide. This equates to an annual average Perrysburg house appreciation rate of 2.65%.

Over the last year, Perrysburg appreciation rates have trailed the rest of the nation. In the last twelve months, Perrysburg's appreciation rate has been 3.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Perrysburg were at 0.38%, which equates to an annual appreciation rate of 1.54%.

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

Relative to Ohio, our data show that Perrysburg's latest annual appreciation rate is lower than 90% 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:
$226,025

Perrysburg, OH HOME PRICES

Value Range
> $1,167,000 0.6
$875,001 - $1,167,000 0.7
$583,001 - $875,000 4.1
$467,001 - $583,000 6.4
$350,001 - $467,000 7.9
$234,001 - $350,000 34.0
$117,001 - $234,000 35.9
$58,001 - $117,000 7.0
$0 - $58,000 3.3

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
32.7649635036496 15.3543307086614

Number Of Homes And Apartments:
8,679

Perrysburg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
33.79% 1.47%
7
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,338 / per month

Homeownership Rate

Homeownership
Owners 64.89
Renters 35.11
Vacant 5.23

Housing Market Details

 

Age of Homes

AGE OF Perrysburg HOMES
2000 or Newer 28.3
1970 - 1999 47.7
1940 - 1969 16.2
1939 or Older 7.9

Types of Homes

TYPE OF Perrysburg HOMES
Single-Family 63.6
Townhomes 3.2
Small Apt. Buildings 7.8
Apt. Complexes 24.2
Mobile Homes 1.1
Other 0.1

Home Size

SIZE OF Perrysburg HOMES
No Bedroom 0.59
1 Bedroom 14.17
2 Bedrooms 21.95
3 Bedrooms 25.39
4 Bedrooms 32.42
5 or more bedrooms 5.48