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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 15,090 people, 6,407 houses or apartments, and a median cost of homes of $196,114, house prices in Vandalia are solidly below the national average.
Single-family detached homes are the single most common housing type in Vandalia, accounting for 68.29% of the city's housing units. Other types of housing that are prevalent in Vandalia include duplexes, homes converted to apartments or other small apartment buildings ( 16.93%), large apartment complexes or high rise apartments ( 10.52%), and a few row houses and other attached homes ( 4.26%).
The most prevalent building size and type in Vandalia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.90% owning and 40.10% renting.
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. Vandalia's housing was primarily built during this period, from the '40s through the '60s. A full 45.15% of the city's housing hails from this era. Other housing ages represented in Vandalia include homes built between 1970-1999 ( 45.14%) and housing constructed between 2000 and later ( 7.52%). There's also some housing in Vandalia built before 1939 ( 2.19%).
Appreciation rates for homes in Vandalia have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 74.05%, which ranks in the top 50% nationwide. This equates to an annual average Vandalia house appreciation rate of 5.70%.
Over the last year, Vandalia appreciation rates have trailed the rest of the nation. In the last twelve months, Vandalia's appreciation rate has been 8.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vandalia were at -0.16%, which equates to an annual appreciation rate of -0.65%.
Relative to Ohio, our data show that Vandalia's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.
$1,228 / per month