Plain City, OH Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Plain City, OH Housing Market Trends

With 4,586 people, 1,681 houses or apartments, and a median cost of homes of $292,376, Plain City real estate is some of the most expensive in Ohio, although Plain City home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Plain City, accounting for 67.90% of the village's housing units. Other types of housing that are prevalent in Plain City include row houses and other attached homes ( 13.85%), duplexes, homes converted to apartments or other small apartment buildings ( 13.27%), and a few large apartment complexes or high rise apartments ( 4.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Plain City. Owner-occupied housing accounts for 73.29% of Plain City's homes, and 56.14% have either three or four bedrooms, which is average sized relative to America.

Plain City homes and real estate are some of the newest in America. 38.30% of Plain City's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Plain City real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 25.14%), and before 1939 ( 21.90%). There's also some housing in Plain City built between 1940-1969 ( 14.66%).

Plain City Home Appreciation Rates

Appreciation rates for homes in Plain City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 58.56%, which ranks in the top 30% nationwide. This equates to an annual average Plain City house appreciation rate of 4.72%.

Over the last year, Plain City appreciation rates have trailed the rest of the nation. In the last twelve months, Plain City's appreciation rate has been 8.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Plain City were at 2.67%, which equates to an annual appreciation rate of 11.13%.

Relative to Ohio, our data show that Plain City's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$292,376

Plain City, OH HOME PRICES

> $1,252,000
2.1%
2.1%
$939,001 - $1,252,000
1.1%
1.1%
$626,001 - $939,000
3.1%
3.1%
$501,001 - $626,000
8.0%
8.0%
$376,001 - $501,000
13.4%
13.4%
$250,001 - $376,000
40.5%
40.5%
$125,001 - $250,000
27.6%
27.6%
$63,001 - $125,000
1.9%
1.9%
$0 - $63,000
2.4%
2.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for OH

Value Relative To Nation

Number Of Homes And Apartments:
1,681

Plain City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
70.56% 2.51%
9
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,284 / per month

Homeownership Rate

Owners
73.3%
73.3%
Renters
26.7%
26.7%
Vacant
2.6%
2.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
38.3%
38.3%
1970 - 1999
25.1%
25.1%
1940 - 1969
14.7%
14.7%
1939 or Older
21.9%
21.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
67.9%
67.9%
Townhomes
13.8%
13.8%
Small Apt. Buildings
13.3%
13.3%
Apt. Complexes
4.2%
4.2%
Mobile Homes
0.8%
0.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
5.2%
5.2%
1 Bedroom
4.9%
4.9%
2 Bedrooms
29.7%
29.7%
3 Bedrooms
36.6%
36.6%
4 Bedrooms
19.5%
19.5%
5 or more bedrooms
4.2%
4.2%
0.0% 100.0%
% OF HOMES