Ohio
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Ohio Real Estate Market & Appreciation

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

Average Home Values

Median Home Value:
$175,774

Number Of Homes And Apartments:
4,676,358

Ohio Home Prices

> $1,251,373
0.5%
0.5%
$938,501 - $1,251,373
0.5%
0.5%
$625,624 - $938,500
2.0%
2.0%
$500,544 - $625,623
2.5%
2.5%
$375,454 - $500,543
6.2%
6.2%
$250,240 - $375,453
15.9%
15.9%
$125,134 - $250,239
38.1%
38.1%
$62,539 - $125,133
24.0%
24.0%
$0 - $62,538
10.4%
10.4%
0.0% 100.0%
% OF HOMES

Ohio Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q1 - 2021 Q2
5.03% 21.68%
5
Last 12 Months:
2020 Q2 - 2021 Q2
12.00% 12.00%
7
Last 2 Years:
2019 Q2 - 2021 Q2
17.37% 8.34%
7
Last 5 Years:
2016 Q2 - 2021 Q2
36.97% 6.49%
7
Last 10 Years:
2011 Q2 - 2021 Q2
52.17% 4.29%
5
Since 2000:
2000 Q1 - 2021 Q2
64.49% 2.37%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,103 / per month

Homeownership Rate

Owners
64.3%
64.3%
Renters
35.7%
35.7%
Vacant
10.1%
10.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
12.5%
12.5%
1970 - 1999
35.1%
35.1%
1940 - 1969
32.3%
32.3%
1939 or Older
20.1%
20.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
68.6%
68.6%
Townhomes
4.6%
4.6%
Small Apt. Buildings
8.7%
8.7%
Apt. Complexes
14.4%
14.4%
Mobile Homes
3.7%
3.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
9.4%
9.4%
2 Bedrooms
26.0%
26.0%
3 Bedrooms
42.2%
42.2%
4 Bedrooms
17.5%
17.5%
5 or more bedrooms
3.4%
3.4%
0.0% 100.0%
% OF HOMES