Poland, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Poland Neighborhoods Since 2000




Poland, OH Real Estate Data


Poland Housing Market Information

With 2,484 people, 1,067 houses or apartments, and a median cost of homes of $154,740, Poland real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Poland, accounting for 91.60% of the village's housing units. Other types of housing that are prevalent in Poland include large apartment complexes or high rise apartments ( 5.11%), row houses and other attached homes ( 2.08%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Poland. Owner-occupied housing accounts for 84.66% of Poland's homes, and 76.97% have either three or four bedrooms, which is average sized relative to America.

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. Poland's housing was primarily built during this period, from the '40s through the '60s. A full 52.81% of the village's housing hails from this era. Other housing ages represented in Poland include homes built before 1939 ( 30.56%) and housing constructed between 1970-1999 ( 15.15%). There's also some housing in Poland built between 2000 and later ( 1.47%).

Poland Home Appreciation Rates

Real estate appreciation rates in Poland's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.24% during the period.

Appreciation rates are so strong in Poland that despite a nationwide downturn in the housing market, Poland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Poland appreciation rates continue to be some of the highest in America, at 6.76%, which is higher than appreciation rates in 82.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Poland. Poland appreciation rates in the latest quarter were at 3.77%, which equates to an annual appreciation rate of 15.96%.

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

Relative to Ohio, our data show that Poland's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$154,740

Poland, OH HOME PRICES

Value Range
> $1,128,000 0.9
$846,001 - $1,128,000 0.0
$564,001 - $846,000 0.6
$451,001 - $564,000 0.9
$338,001 - $451,000 3.0
$226,001 - $338,000 9.4
$113,001 - $226,000 61.8
$57,001 - $113,000 21.3
$0 - $57,000 2.2

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
48.6970779410904 37.007874015748

Number Of Homes And Apartments:
1,067

Rent & Ownership

 

Average Market Rent:
$979 / per month

Homeownership Rate

Homeownership
Owners 84.66
Renters 15.34
Vacant 7.62

Housing Market Details

 

Age of Homes

AGE OF Poland HOMES
2000 or Newer 1.5
1970 - 1999 15.2
1940 - 1969 52.8
1939 or Older 30.6

Types of Homes

TYPE OF Poland HOMES
Single-Family 91.6
Townhomes 2.1
Small Apt. Buildings 1.2
Apt. Complexes 5.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Poland HOMES
No Bedroom 0.00
1 Bedroom 3.29
2 Bedrooms 16.62
3 Bedrooms 56.19
4 Bedrooms 20.78
5 or more bedrooms 3.12

Poland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
8.02% 0.45% 4 1
* 10 is highest