Springdale, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Springdale, OH Real Estate Data


Springdale Housing Market Information

With a population of 11,182, 3,883 total housing units (homes and apartments), and a median house value of $139,058, house prices in Springdale are solidly below the national average.

Single-family detached homes are the single most common housing type in Springdale, accounting for 55.41% of the city's housing units. Other types of housing that are prevalent in Springdale include large apartment complexes or high rise apartments ( 19.24%), duplexes, homes converted to apartments or other small apartment buildings ( 13.74%), and a few row houses and other attached homes ( 11.61%).

The most prevalent building size and type in Springdale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.72% owning and 46.28% renting.

There is a lot of housing in Springdale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Springdale built between 1940-1969 ( 45.36%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.46%). There's also some housing in Springdale built before 1939 ( 2.92%).

Springdale Home Appreciation Rates

Real estate appreciation rates in Springdale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.38% during the period.

Appreciation rates are so strong in Springdale that despite a nationwide downturn in the housing market, Springdale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Springdale appreciation rates continue to be some of the highest in America, at 5.92%, which is higher than appreciation rates in 73.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Springdale. Springdale appreciation rates in the latest quarter were at 2.34%, which equates to an annual appreciation rate of 9.71%.

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

Average Home Values

 

Median Home Value:
$139,058

Springdale, OH HOME PRICES

Value Range
> $1,117,000 0.4
$838,001 - $1,117,000 0.0
$558,001 - $838,000 0.0
$447,001 - $558,000 0.0
$335,001 - $447,000 0.6
$223,001 - $335,000 3.0
$112,001 - $223,000 73.0
$56,001 - $112,000 19.5
$0 - $56,000 3.5

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
56.17497218481 49.4750656167979

Number Of Homes And Apartments:
3,883

Rent & Ownership

 

Average Market Rent:
$1,197 / per month

Homeownership Rate

Homeownership
Owners 53.72
Renters 46.28
Vacant 9.87

Housing Market Details

 

Age of Homes

AGE OF Springdale HOMES
2000 or Newer 4.5
1970 - 1999 47.3
1940 - 1969 45.4
1939 or Older 2.9

Types of Homes

TYPE OF Springdale HOMES
Single-Family 55.4
Townhomes 11.6
Small Apt. Buildings 13.7
Apt. Complexes 19.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Springdale HOMES
No Bedroom 1.53
1 Bedroom 12.51
2 Bedrooms 28.60
3 Bedrooms 40.06
4 Bedrooms 16.04
5 or more bedrooms 1.25

Springdale 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
9.34% 0.53% 4 1
* 10 is highest