Twinsburg, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Twinsburg Neighborhoods Since 2000




Twinsburg, 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

Twinsburg Housing Market Information

With 18,872 people, 7,462 houses or apartments, and a median cost of homes of $209,325, Twinsburg real estate is some of the most expensive in Ohio, although Twinsburg home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Twinsburg, accounting for 64.69% of the city's housing units. Other types of housing that are prevalent in Twinsburg include large apartment complexes or high rise apartments ( 18.42%), row houses and other attached homes ( 12.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.15%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Twinsburg. Owner-occupied housing accounts for 73.26% of Twinsburg's homes, and 61.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Twinsburg 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 Twinsburg built between 1940-1969 ( 14.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.48%). There's also some housing in Twinsburg built before 1939 ( 3.17%).

Twinsburg Home Appreciation Rates

Real estate appreciation rates in Twinsburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.50% during the period.

NeighborhoodScout's data show that during the latest twelve months, Twinsburg's appreciation rate, at 3.37%, has been at or slightly above the national average. In the latest quarter, Twinsburg's appreciation rate has been 0.81%, which annualizes to a rate of 3.28%.

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

Average Home Values

 

Median Home Value:
$209,325

Twinsburg, OH HOME PRICES

Value Range
> $1,079,000 0.1
$809,001 - $1,079,000 0.0
$540,001 - $809,000 0.3
$432,001 - $540,000 2.1
$323,001 - $432,000 9.8
$216,001 - $323,000 37.9
$108,001 - $216,000 42.6
$54,001 - $108,000 4.4
$0 - $54,000 2.8

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
30.0363295441228 13.254593175853

Number Of Homes And Apartments:
7,462

Twinsburg 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
6.30% 0.35% 4 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,238 / per month

Homeownership Rate

Homeownership
Owners 73.26
Renters 26.74
Vacant 3.15

Housing Market Details

 

Age of Homes

AGE OF Twinsburg HOMES
2000 or Newer 14.5
1970 - 1999 67.6
1940 - 1969 14.8
1939 or Older 3.2

Types of Homes

TYPE OF Twinsburg HOMES
Single-Family 64.7
Townhomes 12.7
Small Apt. Buildings 4.2
Apt. Complexes 18.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Twinsburg HOMES
No Bedroom 0.35
1 Bedroom 5.17
2 Bedrooms 28.41
3 Bedrooms 35.47
4 Bedrooms 26.49
5 or more bedrooms 4.11