menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Swanton, OH Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Swanton, OH Housing Market Trends

With a population of 3,861, 1,692 total housing units (homes and apartments), and a median house value of $216,379, house prices in Swanton are solidly below the national average.

Single-family detached homes are the single most common housing type in Swanton, accounting for 74.82% of the village's housing units. Other types of housing that are prevalent in Swanton include large apartment complexes or high rise apartments ( 9.40%), duplexes, homes converted to apartments or other small apartment buildings ( 7.21%), and a few row houses and other attached homes ( 4.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Swanton. Owner-occupied housing accounts for 67.92% of Swanton's homes, and 67.73% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Swanton's housing was primarily built during this period, from the '40s through the '60s. A full 42.91% of the village's housing hails from this era. Other housing ages represented in Swanton include homes built between 2000 and later ( 21.39%) and housing constructed before 1939 ( 19.27%). There's also some housing in Swanton built between 1970-1999 ( 16.43%).

Swanton Home Appreciation Rates

Real estate appreciation rates in Swanton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.03% during the period.

Appreciation rates are so strong in Swanton that despite a nationwide downturn in the housing market, Swanton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Swanton appreciation rates continue to be some of the highest in America, at 7.15%, which is higher than appreciation rates in 75.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Swanton. Swanton appreciation rates in the latest quarter were at 2.42%, which equates to an annual appreciation rate of 10.05%.

Importantly, this makes Swanton one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

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

Average Home Values

Median Home Value

$216,379

Swanton, OH Home Prices
> $1,299,000
$975,001 - $1,299,000
$650,001 - $975,000
$520,001 - $650,000
$390,001 - $520,000
$260,001 - $390,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
0.1%
0.1%
0.0%
0.0%
0.8%
0.8%
4.0%
4.0%
5.9%
5.9%
26.6%
26.6%
49.1%
49.1%
10.8%
10.8%
2.8%
2.8%
0% 100.0%
% of Homes
Average

for Ohio

Low

for nation

Number of Homes And Apartments:

1,692

Swanton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,311 / per month

Homeownership Rate

Owners
Renters
67.9%
67.9%
32.1%
32.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.0%
0.0%
100.0%
100.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.4%
21.4%
16.4%
16.4%
42.9%
42.9%
19.3%
19.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.8%
74.8%
4.8%
4.8%
7.2%
7.2%
9.4%
9.4%
3.8%
3.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
1.8%
1.8%
27.0%
27.0%
52.5%
52.5%
15.2%
15.2%
2.7%
2.7%
0% 100.0%
% of Homes