Uhrichsville, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Uhrichsville Neighborhoods Since 2000




Uhrichsville, 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

Uhrichsville Housing Market Information

With 5,404 people, 2,241 houses or apartments, and a median cost of homes of $87,720, house prices in Uhrichsville are some of the most affordable in Ohio as well as the nation.

Single-family detached homes are the single most common housing type in Uhrichsville, accounting for 65.62% of the city's housing units. Other types of housing that are prevalent in Uhrichsville include duplexes, homes converted to apartments or other small apartment buildings ( 14.45%), large apartment complexes or high rise apartments ( 12.80%), and a few mobile homes or trailers ( 6.18%).

The most prevalent building size and type in Uhrichsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.38% owning and 44.62% renting.

The housing in Uhrichsville was primarily built before 1939 ( 45.25%), making the housing stock in Uhrichsville some of the oldest overall in America, although there is a range of ages of homes in Uhrichsville. The next most important housing age is between 1940-1969 ( 23.16%), followed by between 1970-1999 ( 23.16%). There's also some housing in Uhrichsville built between 2000 and later ( 8.43%).

Vacant housing appears to be an issue in Uhrichsville. Fully 11.74% of the housing stock is classified as vacant. Left unchecked, vacant Uhrichsville homes and apartments can be a drag on the real estate market, holding Uhrichsville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Uhrichsville Home Appreciation Rates

Appreciation rates for homes in Uhrichsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.35%, which ranks in the top 40% nationwide. This equates to an annual average Uhrichsville house appreciation rate of 0.62%.

Appreciation rates are so strong in Uhrichsville that despite a nationwide downturn in the housing market, Uhrichsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Uhrichsville appreciation rates continue to be some of the highest in America, at 8.60%, which is higher than appreciation rates in 89.33% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Uhrichsville. Uhrichsville appreciation rates in the latest quarter were at -0.60%, which equates to an annual appreciation rate of -2.39%.

Notably, Uhrichsville's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$87,720

Uhrichsville, OH HOME PRICES

Value Range
> $1,175,000 0.0
$881,001 - $1,175,000 0.0
$587,001 - $881,000 0.0
$470,001 - $587,000 0.0
$352,001 - $470,000 0.8
$235,001 - $352,000 1.2
$117,001 - $235,000 18.0
$59,001 - $117,000 62.9
$0 - $59,000 17.1

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
85.6908472987226 87.5328083989501

Number Of Homes And Apartments:
2,241

Uhrichsville 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
16.64% 0.90% 7 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$803 / per month

Homeownership Rate

Homeownership
Owners 55.38
Renters 44.62
Vacant 11.74

Housing Market Details

 

Age of Homes

AGE OF Uhrichsville HOMES
2000 or Newer 8.4
1970 - 1999 23.2
1940 - 1969 23.2
1939 or Older 45.3

Types of Homes

TYPE OF Uhrichsville HOMES
Single-Family 65.6
Townhomes 0.9
Small Apt. Buildings 14.5
Apt. Complexes 12.8
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Uhrichsville HOMES
No Bedroom 1.14
1 Bedroom 14.26
2 Bedrooms 33.99
3 Bedrooms 40.33
4 Bedrooms 9.81
5 or more bedrooms 0.47