Streetsboro, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Streetsboro, OH Real Estate Data


Streetsboro Housing Market Information

With a population of 16,312, 6,603 total housing units (homes and apartments), and a median house value of $186,790, Streetsboro real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Streetsboro, accounting for 55.38% of the city's housing units. Other types of housing that are prevalent in Streetsboro include large apartment complexes or high rise apartments ( 21.74%), mobile homes or trailers ( 9.61%), and a few row houses and other attached homes ( 9.00%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Streetsboro. Owner-occupied housing accounts for 66.30% of Streetsboro's homes, and 59.15% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Streetsboro 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 Streetsboro built between 2000 and later ( 25.55%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.86%). There's also some housing in Streetsboro built before 1939 ( 2.20%).

Streetsboro Home Appreciation Rates

Real estate appreciation rates in Streetsboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.17% during the period.

Appreciation rates are so strong in Streetsboro that despite a nationwide downturn in the housing market, Streetsboro real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Streetsboro appreciation rates continue to be some of the highest in America, at 6.92%, which is higher than appreciation rates in 83.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Streetsboro. Streetsboro appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.91%.

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

Average Home Values

 

Median Home Value:
$186,790

Streetsboro, OH HOME PRICES

Value Range
> $1,133,000 1.0
$850,001 - $1,133,000 0.0
$567,001 - $850,000 1.0
$453,001 - $567,000 1.8
$340,001 - $453,000 5.2
$227,001 - $340,000 20.2
$113,001 - $227,000 47.8
$57,001 - $113,000 12.0
$0 - $57,000 11.0

High for OH
High for Nation

Value Relative to Nation Value Relative to State
36.9268606898167 20.2099737532808

Number Of Homes And Apartments:
6,603

Rent & Ownership

 

Average Market Rent:
$1,111 / per month

Homeownership Rate

Homeownership
Owners 66.30
Renters 33.70
Vacant 7.87

Housing Market Details

 

Age of Homes

AGE OF Streetsboro HOMES
2000 or Newer 25.5
1970 - 1999 47.4
1940 - 1969 24.9
1939 or Older 2.2

Types of Homes

TYPE OF Streetsboro HOMES
Single-Family 55.4
Townhomes 9.0
Small Apt. Buildings 4.3
Apt. Complexes 21.7
Mobile Homes 9.6
Other 0.0

Home Size

SIZE OF Streetsboro HOMES
No Bedroom 0.14
1 Bedroom 5.75
2 Bedrooms 32.40
3 Bedrooms 40.00
4 Bedrooms 19.14
5 or more bedrooms 2.57

Streetsboro 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
9.73% 0.55% 4 1
* 10 is highest

Popular Neighborhoods in Streetsboro

Zip Codes in Streetsboro, OH