Plain City, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Plain City Neighborhoods Since 2000




Plain City, 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

Plain City Housing Market Information

With 4,302 people, 1,830 houses or apartments, and a median cost of homes of $237,691, 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 55.14% of the village's housing units. Other types of housing that are prevalent in Plain City include duplexes, homes converted to apartments or other small apartment buildings ( 16.40%), row houses and other attached homes ( 15.36%), and a few large apartment complexes or high rise apartments ( 13.10%).

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 69.89% of Plain City's homes, and 50.68% have either three or four bedrooms, which is average sized relative to America.

The housing in Plain City was primarily built before 1939 ( 29.09%), making the housing stock in Plain City some of the oldest overall in America, although there is a range of ages of homes in Plain City. The next most important housing age is between 1970-1999 ( 28.14%), followed by between 2000 and later ( 27.83%). There's also some housing in Plain City built between 1940-1969 ( 14.94%).

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 5.29%, which ranks in the top 40% nationwide. This equates to an annual average Plain City house appreciation rate of 0.52%.

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 1.35%, 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 0.34%, which equates to an annual appreciation rate of 1.37%.

Relative to Ohio, our data show that Plain City's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$237,691

Plain City, OH HOME PRICES

Value Range
> $1,116,000 0.5
$837,001 - $1,116,000 0.8
$559,001 - $837,000 3.6
$446,001 - $559,000 3.5
$335,001 - $446,000 14.4
$223,001 - $335,000 31.6
$112,001 - $223,000 32.4
$56,001 - $112,000 4.5
$0 - $56,000 8.8

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
24.5107230751201 8.3989501312336

Number Of Homes And Apartments:
1,830

Plain City 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
25.47% 1.32% 9 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$755 / per month

Homeownership Rate

Homeownership
Owners 69.89
Renters 30.11
Vacant 4.09

Housing Market Details

 

Age of Homes

AGE OF Plain City HOMES
2000 or Newer 27.8
1970 - 1999 28.1
1940 - 1969 14.9
1939 or Older 29.1

Types of Homes

TYPE OF Plain City HOMES
Single-Family 55.1
Townhomes 15.4
Small Apt. Buildings 16.4
Apt. Complexes 13.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Plain City HOMES
No Bedroom 2.73
1 Bedroom 4.77
2 Bedrooms 39.94
3 Bedrooms 32.34
4 Bedrooms 18.34
5 or more bedrooms 1.89