Warsaw, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Warsaw Neighborhoods Since 2000




Warsaw, 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

Warsaw Housing Market Information

With a population of 674, 249 total housing units (homes and apartments), and a median house value of $115,627, house prices in Warsaw are solidly below the national average.

Single-family detached homes are the single most common housing type in Warsaw, accounting for 66.67% of the village's housing units. Other types of housing that are prevalent in Warsaw include mobile homes or trailers ( 19.41%), large apartment complexes or high rise apartments ( 10.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Warsaw. Owner-occupied housing accounts for 71.89% of Warsaw's homes, and 66.30% have either three or four bedrooms, which is average sized relative to America.

The housing in Warsaw was primarily built before 1939 ( 42.86%), making the housing stock in Warsaw some of the oldest overall in America, although there is a range of ages of homes in Warsaw. The next most important housing age is between 1970-1999 ( 32.97%), followed by between 1940-1969 ( 19.78%). There's also some housing in Warsaw built between 2000 and later ( 4.40%).

Warsaw Home Appreciation Rates

Real estate appreciation rates in Warsaw's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.56% during the period.

Over the last year, Warsaw appreciation rates have trailed the rest of the nation. In the last twelve months, Warsaw's appreciation rate has been 0.93%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Warsaw were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

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

Average Home Values

 

Median Home Value:
$115,627

Warsaw, OH HOME PRICES

Value Range
> $1,039,000 0.0
$779,001 - $1,039,000 0.0
$519,001 - $779,000 1.6
$416,001 - $519,000 0.0
$312,001 - $416,000 5.7
$208,001 - $312,000 9.6
$104,001 - $208,000 43.8
$52,001 - $104,000 24.9
$0 - $52,000 14.4

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
67.8776514707606 67.4540682414698

Number Of Homes And Apartments:
249

Warsaw 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
3.89% 0.22% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$693 / per month

Homeownership Rate

Homeownership
Owners 71.89
Renters 28.11
Vacant 8.79

Housing Market Details

 

Age of Homes

AGE OF Warsaw HOMES
2000 or Newer 4.4
1970 - 1999 33.0
1940 - 1969 19.8
1939 or Older 42.9

Types of Homes

TYPE OF Warsaw HOMES
Single-Family 66.7
Townhomes 0.7
Small Apt. Buildings 2.2
Apt. Complexes 11.0
Mobile Homes 19.4
Other 0.0

Home Size

SIZE OF Warsaw HOMES
No Bedroom 0.00
1 Bedroom 14.29
2 Bedrooms 19.05
3 Bedrooms 47.25
4 Bedrooms 19.05
5 or more bedrooms 0.37

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Zip Codes in Warsaw, OH