Sunbury, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sunbury Neighborhoods Since 2000




Sunbury, 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 Q1 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

Sunbury Housing Market Information

With 5,097 people, 1,713 houses or apartments, and a median cost of homes of $289,621, Sunbury real estate is some of the most expensive in Ohio, although Sunbury home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Sunbury, accounting for 81.54% of the village's housing units. Other types of housing that are prevalent in Sunbury include large apartment complexes or high rise apartments ( 9.86%), row houses and other attached homes ( 5.19%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sunbury. Owner-occupied housing accounts for 75.39% of Sunbury's homes, and 73.73% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sunbury 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 Sunbury built between 2000 and later ( 33.45%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.07%). There's also some housing in Sunbury built before 1939 ( 15.04%).

Sunbury Home Appreciation Rates

Appreciation rates for homes in Sunbury have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.12%, which ranks in the top 40% nationwide. This equates to an annual average Sunbury house appreciation rate of 0.50%.

NeighborhoodScout's data show that during the latest twelve months, Sunbury's appreciation rate, at 4.72%, has been at or slightly above the national average. In the latest quarter, Sunbury's appreciation rate has been 0.34%, which annualizes to a rate of 1.37%.

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

Average Home Values

 

Median Home Value:
$289,621

Sunbury, OH HOME PRICES

Value Range
> $1,164,000 0.3
$873,001 - $1,164,000 2.2
$582,001 - $873,000 4.4
$466,001 - $582,000 8.4
$349,001 - $466,000 13.7
$233,001 - $349,000 30.1
$116,001 - $233,000 33.5
$58,001 - $116,000 6.2
$0 - $58,000 1.1

Very High for OH
Very High for Nation

Value Relative to Nation Value Relative to State
17.353216922536 5.70866141732284

Number Of Homes And Apartments:
1,713

Sunbury Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
29.22% 1.50% 9 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,373 / per month

Homeownership Rate

Homeownership
Owners 75.39
Renters 24.61
Vacant 2.39

Housing Market Details

 

Age of Homes

AGE OF Sunbury HOMES
2000 or Newer 33.4
1970 - 1999 35.4
1940 - 1969 16.1
1939 or Older 15.0

Types of Homes

TYPE OF Sunbury HOMES
Single-Family 81.5
Townhomes 5.2
Small Apt. Buildings 3.4
Apt. Complexes 9.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Sunbury HOMES
No Bedroom 1.31
1 Bedroom 4.79
2 Bedrooms 19.09
3 Bedrooms 54.42
4 Bedrooms 19.32
5 or more bedrooms 1.08