Ohio
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Ohio Real Estate Values & Housing Market 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 Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$148,460

Number Of Homes And Apartments:
4,601,449

Ohio Home Prices

Value Range
> $1,156,535 0.4
$867,387 - $1,156,535 0.4
$578,230 - $867,386 1.5
$462,591 - $578,229 1.8
$347,001 - $462,590 4.8
$231,268 - $347,000 13.7
$115,665 - $231,267 38.9
$57,825 - $115,664 26.8
$0 - $57,824 11.6

Ohio Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
2.31% 9.55%
6
Last 12 Months:
2017 Q2 - 2018 Q2
5.13% 5.13%
5
Last 2 Years:
2016 Q2 - 2018 Q2
11.59% 5.63%
6
Last 5 Years:
2013 Q2 - 2018 Q2
23.87% 4.37%
6
Last 10 Years:
2008 Q2 - 2018 Q2
12.07% 1.15%
4
Since 2000:
2000 Q1 - 2018 Q2
34.74% 1.65%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$976 / per month

Homeownership Rate

Homeownership
Owners 64.20
Renters 35.80
Vacant 10.60

Housing Details

Age of Homes

AGE OF Ohio HOMES
2000 or Newer 11.2
1970 - 1999 35.1
1940 - 1969 33.0
1939 or Older 20.7

Types of Homes

TYPE OF Ohio HOMES
Single-Family 68.6
Townhomes 4.5
Small Apt. Buildings 8.9
Apt. Complexes 14.2
Mobile Homes 3.8
Other 0.0

Home Size

SIZE OF Ohio HOMES
No Bedroom 1.44
1 Bedroom 9.40
2 Bedrooms 26.30
3 Bedrooms 42.39
4 Bedrooms 17.16
5 or more bedrooms 3.30