Swanton, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Swanton, 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

Swanton Housing Market Information

With a population of 3,886, 1,518 total housing units (homes and apartments), and a median house value of $145,995, Swanton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Swanton, accounting for 74.70% of the village's housing units. Other types of housing that are prevalent in Swanton include duplexes, homes converted to apartments or other small apartment buildings ( 15.58%), large apartment complexes or high rise apartments ( 4.51%), and a few mobile homes or trailers ( 4.01%).

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 66.88% of Swanton's homes, and 63.45% have either three or four bedrooms, which is average sized relative to America.

The housing in Swanton was primarily built before 1939 ( 32.93%), making the housing stock in Swanton some of the oldest overall in America, although there is a range of ages of homes in Swanton. The next most important housing age is between 1940-1969 ( 28.67%), followed by between 1970-1999 ( 28.61%). There's also some housing in Swanton built between 2000 and later ( 9.79%).

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 -0.75% during the period.

NeighborhoodScout's data show that during the latest twelve months, Swanton's appreciation rate, at 5.19%, has been at or slightly above the national average. In the latest quarter, Swanton's appreciation rate has been 0.12%, which annualizes to a rate of 0.47%.

Relative to Ohio, our data show that Swanton's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$145,995

Swanton, OH HOME PRICES

Value Range
> $1,130,000 0.5
$847,001 - $1,130,000 0.0
$565,001 - $847,000 0.0
$452,001 - $565,000 0.0
$339,001 - $452,000 2.1
$226,001 - $339,000 13.5
$113,001 - $226,000 55.0
$56,001 - $113,000 25.7
$0 - $56,000 3.3

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
51.7051447322161 39.3700787401575

Number Of Homes And Apartments:
1,518

Swanton 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
8.93% 0.50% 5 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$873 / per month

Homeownership Rate

Homeownership
Owners 66.88
Renters 33.12
Vacant 3.50

Housing Market Details

 

Age of Homes

AGE OF Swanton HOMES
2000 or Newer 9.8
1970 - 1999 28.6
1940 - 1969 28.7
1939 or Older 32.9

Types of Homes

TYPE OF Swanton HOMES
Single-Family 74.7
Townhomes 1.2
Small Apt. Buildings 15.6
Apt. Complexes 4.5
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Swanton HOMES
No Bedroom 0.00
1 Bedroom 11.25
2 Bedrooms 21.68
3 Bedrooms 51.94
4 Bedrooms 11.51
5 or more bedrooms 3.62