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Upper Arlington, 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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Upper Arlington, OH Housing Market Trends

With a population of 36,800, 13,627 total housing units (homes and apartments), and a median house value of $591,175, Upper Arlington house prices are not only among the most expensive in Ohio, Upper Arlington real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Upper Arlington, accounting for 73.84% of the city's housing units. Other types of housing that are prevalent in Upper Arlington include large apartment complexes or high rise apartments ( 8.91%), duplexes, homes converted to apartments or other small apartment buildings ( 8.62%), and a few row houses and other attached homes ( 8.56%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Upper Arlington. Owner-occupied housing accounts for 78.62% of Upper Arlington's homes, and 66.76% 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. Upper Arlington's housing was primarily built during this period, from the '40s through the '60s. A full 63.60% of the city's housing hails from this era. Other housing ages represented in Upper Arlington include homes built between 1970-1999 ( 19.57%) and housing constructed before 1939 ( 10.89%). There's also some housing in Upper Arlington built between 2000 and later ( 5.93%).

Upper Arlington Home Appreciation Rates

Appreciation rates for homes in Upper Arlington have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 86.99%, which ranks in the top 30% nationwide. This equates to an annual average Upper Arlington house appreciation rate of 6.46%.

Over the last year, Upper Arlington appreciation rates have trailed the rest of the nation. In the last twelve months, Upper Arlington's appreciation rate has been 11.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Upper Arlington were at 1.17%, which equates to an annual appreciation rate of 4.78%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Upper Arlington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Upper Arlington - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Upper Arlington real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$591,175

Upper Arlington, OH HOME PRICES

> $1,321,000
$990,001 - $1,321,000
$660,001 - $990,000
$528,001 - $660,000
$396,001 - $528,000
$264,001 - $396,000
$132,001 - $264,000
$66,001 - $132,000
$0 - $66,000
5.4%
5.4%
6.1%
6.1%
24.9%
24.9%
19.5%
19.5%
19.6%
19.6%
16.0%
16.0%
6.3%
6.3%
1.1%
1.1%
0.9%
0.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for OH

Value Relative To Nation

Number Of Homes And Apartments:
13,627

Upper Arlington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
137.96% 3.97%
10
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,781 / per month

Homeownership Rate

Owners
Renters
Vacant
78.6%
78.6%
21.4%
21.4%
4.9%
4.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.9%
5.9%
19.6%
19.6%
63.6%
63.6%
10.9%
10.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.8%
73.8%
8.6%
8.6%
8.6%
8.6%
8.9%
8.9%
0.0%
0.0%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
4.6%
4.6%
20.6%
20.6%
40.3%
40.3%
26.5%
26.5%
7.7%
7.7%
0.0% 100.0%
% OF HOMES