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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



The Village of Indian Hill, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

The Village of Indian Hill, OH Housing Market Trends

With a population of 6,015, 2,421 total housing units (homes and apartments), and a median house value of $1,075,398, The Village of Indian Hill house prices are not only among the most expensive in Ohio, The Village of Indian Hill real estate also is some of the most expensive in all of America.

The Village of Indian Hill is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in The Village of Indian Hill than is found in 98% of the communities in America.

The large homes that make up The Village of Indian Hill are primarily owner-occupied ( 97.27%).

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. The Village of Indian Hill's housing was primarily built during this period, from the '40s through the '60s. A full 41.88% of the city's housing hails from this era. Other housing ages represented in The Village of Indian Hill include homes built between 1970-1999 ( 30.68%) and housing constructed between 2000 and later ( 21.67%). There's also some housing in The Village of Indian Hill built before 1939 ( 5.78%).

The Village of Indian Hill Home Appreciation Rates

The Village of Indian Hill's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in The Village of Indian Hill during the period has been just 4.98%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, The Village of Indian Hill's appreciation rate, at 6.60%, has been at or slightly above the national average. In the latest quarter, The Village of Indian Hill's appreciation rate has been 0.10%, which annualizes to a rate of 0.40%.

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

Average Home Values

Median Home Value

$1,075,398

The Village of Indian Hill, OH Home Prices
> $1,059,000
$794,001 - $1,059,000
$529,001 - $794,000
$423,001 - $529,000
$318,001 - $423,000
$212,001 - $318,000
$106,001 - $212,000
$53,001 - $106,000
$0 - $53,000
53.1%
53.1%
19.2%
19.2%
12.6%
12.6%
5.6%
5.6%
1.4%
1.4%
2.4%
2.4%
2.5%
2.5%
0.1%
0.1%
3.2%
3.2%
0% 100.0%
% of Homes
Very High

for Ohio

Very High

for nation

Number of Homes And Apartments:

2,421

The Village of Indian Hill Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,753 / per month

Homeownership Rate

Owners
Renters
97.3%
97.3%
2.7%
2.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
2.1%
2.1%
97.9%
97.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.7%
21.7%
30.7%
30.7%
41.9%
41.9%
5.8%
5.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
98.4%
98.4%
0.6%
0.6%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.9%
0.9%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.0%
0.0%
3.5%
3.5%
18.3%
18.3%
42.8%
42.8%
35.4%
35.4%
0% 100.0%
% of Homes

Popular Neighborhoods in The Village of Indian Hill

Zip Codes in The Village of Indian Hill, OH