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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Proctorville, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Proctorville, OH Housing Market Trends

With a population of 509, 325 total housing units (homes and apartments), and a median house value of $193,469, house prices in Proctorville are solidly below the national average.

Single-family detached homes are the single most common housing type in Proctorville, accounting for 41.95% of the village's housing units. Other types of housing that are prevalent in Proctorville include large apartment complexes or high rise apartments ( 31.40%), duplexes, homes converted to apartments or other small apartment buildings ( 15.30%), and a few mobile homes or trailers ( 9.23%).

Proctorville is dominated by renter-occupied one, two, or no bedrooms apartments. 69.85% of Proctorville's dwellings are rentals.

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. Proctorville's housing was primarily built during this period, from the '40s through the '60s. A full 45.91% of the village's housing hails from this era. Other housing ages represented in Proctorville include homes built between 1970-1999 ( 33.77%) and housing constructed before 1939 ( 18.73%). There's also some housing in Proctorville built between 2000 and later ( 1.58%).

Vacant housing appears to be an issue in Proctorville. Fully 14.25% of the housing stock is classified as vacant. Left unchecked, vacant Proctorville homes and apartments can be a drag on the real estate market, holding Proctorville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Proctorville Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Proctorville, where house values have increased just 37.13%, which is annualized rate of 3.21%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Proctorville appreciation rates have trailed the rest of the nation. In the last twelve months, Proctorville's appreciation rate has been 3.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Proctorville were at 1.24%, which equates to an annual appreciation rate of 5.05%.

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

Average Home Values

Median Home Value

$193,469

Proctorville, OH Home Prices
> $1,195,000
$896,001 - $1,195,000
$598,001 - $896,000
$478,001 - $598,000
$358,001 - $478,000
$239,001 - $358,000
$119,001 - $239,000
$60,001 - $119,000
$0 - $60,000
0.0%
0.0%
0.0%
0.0%
0.7%
0.7%
0.9%
0.9%
2.2%
2.2%
23.4%
23.4%
48.7%
48.7%
18.1%
18.1%
6.0%
6.0%
0% 100.0%
% of Homes
Low

for Ohio

Low

for nation

Number of Homes And Apartments:

325

Proctorville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,364 / per month

Homeownership Rate

Owners
Renters
30.2%
30.2%
69.8%
69.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.2%
14.2%
85.8%
85.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.6%
1.6%
33.8%
33.8%
45.9%
45.9%
18.7%
18.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
42.0%
42.0%
2.1%
2.1%
15.3%
15.3%
31.4%
31.4%
9.2%
9.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
14.5%
14.5%
21.1%
21.1%
32.5%
32.5%
26.1%
26.1%
5.0%
5.0%
0.8%
0.8%
0% 100.0%
% of Homes