Stow, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Stow, OH Real Estate 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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Stow Housing Market Information

With 34,797 people, 14,021 houses or apartments, and a median cost of homes of $205,953, Stow real estate is some of the most expensive in Ohio, although Stow home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Stow, accounting for 62.08% of the city's housing units. Other types of housing that are prevalent in Stow include large apartment complexes or high rise apartments ( 20.48%), row houses and other attached homes ( 11.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.31%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stow. Owner-occupied housing accounts for 69.59% of Stow's homes, and 59.69% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stow 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 Stow built between 1940-1969 ( 27.45%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.83%). There's also some housing in Stow built before 1939 ( 3.80%).

Stow Home Appreciation Rates

Appreciation rates for homes in Stow have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.84%, which ranks in the top 50% nationwide. This equates to an annual average Stow house appreciation rate of 0.38%.

NeighborhoodScout's data show that during the latest twelve months, Stow's appreciation rate, at 5.62%, has been at or slightly above the national average. In the latest quarter, Stow's appreciation rate has been 3.11%, which annualizes to a rate of 13.02%.

Relative to Ohio, our data show that Stow's latest annual appreciation rate is higher than 50% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Stow differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stow - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Stow real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$205,953

Stow, OH HOME PRICES

Value Range
> $1,144,000 0.0
$858,001 - $1,144,000 0.3
$572,001 - $858,000 0.3
$457,001 - $572,000 1.1
$343,001 - $457,000 3.7
$229,001 - $343,000 24.1
$114,001 - $229,000 56.8
$57,001 - $114,000 9.6
$0 - $57,000 4.2

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
31.9866502722642 14.5669291338583

Number Of Homes And Apartments:
14,021

Stow Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
13.89% 0.75% 5 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,045 / per month

Homeownership Rate

Homeownership
Owners 69.59
Renters 30.41
Vacant 6.09

Housing Market Details

 

Age of Homes

AGE OF Stow HOMES
2000 or Newer 12.8
1970 - 1999 55.9
1940 - 1969 27.5
1939 or Older 3.8

Types of Homes

TYPE OF Stow HOMES
Single-Family 62.1
Townhomes 11.2
Small Apt. Buildings 5.3
Apt. Complexes 20.5
Mobile Homes 0.9
Other 0.1

Home Size

SIZE OF Stow HOMES
No Bedroom 1.86
1 Bedroom 8.81
2 Bedrooms 27.29
3 Bedrooms 31.42
4 Bedrooms 28.27
5 or more bedrooms 2.35