Wapakoneta, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Wapakoneta, 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

Wapakoneta Housing Market Information

With 9,823 people, 3,982 houses or apartments, and a median cost of homes of $133,961, house prices in Wapakoneta are solidly below the national average.

Single-family detached homes are the single most common housing type in Wapakoneta, accounting for 70.81% of the city's housing units. Other types of housing that are prevalent in Wapakoneta include large apartment complexes or high rise apartments ( 11.16%), duplexes, homes converted to apartments or other small apartment buildings ( 8.64%), and a few mobile homes or trailers ( 6.19%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wapakoneta. Owner-occupied housing accounts for 65.39% of Wapakoneta's homes, and 56.81% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Wapakoneta 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 Wapakoneta built before 1939 ( 28.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.45%). There's also some housing in Wapakoneta built between 2000 and later ( 10.20%).

Wapakoneta Home Appreciation Rates

Real estate appreciation rates in Wapakoneta's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.03% during the period.

Over the last year, Wapakoneta appreciation rates have trailed the rest of the nation. In the last twelve months, Wapakoneta's appreciation rate has been 0.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wapakoneta were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

Relative to Ohio, our data show that Wapakoneta's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$133,961

Wapakoneta, OH HOME PRICES

Value Range
> $1,068,000 0.0
$801,001 - $1,068,000 0.6
$534,001 - $801,000 0.0
$427,001 - $534,000 0.0
$320,001 - $427,000 1.8
$214,001 - $320,000 7.7
$107,001 - $214,000 40.9
$53,001 - $107,000 39.1
$0 - $53,000 9.9

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
57.6409234735732 50.0

Number Of Homes And Apartments:
3,982

Wapakoneta 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
13.57% 0.74% 6 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$747 / per month

Homeownership Rate

Homeownership
Owners 65.39
Renters 34.61
Vacant 8.75

Housing Market Details

 

Age of Homes

AGE OF Wapakoneta HOMES
2000 or Newer 10.2
1970 - 1999 36.9
1940 - 1969 24.5
1939 or Older 28.5

Types of Homes

TYPE OF Wapakoneta HOMES
Single-Family 70.8
Townhomes 3.2
Small Apt. Buildings 8.6
Apt. Complexes 11.2
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Wapakoneta HOMES
No Bedroom 2.66
1 Bedroom 10.98
2 Bedrooms 26.33
3 Bedrooms 43.13
4 Bedrooms 13.68
5 or more bedrooms 3.23

Popular Neighborhoods in Wapakoneta

Zip Codes in Wapakoneta, OH