Wauseon, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Wauseon, 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

Wauseon Housing Market Information

With a population of 7,316, 2,768 total housing units (homes and apartments), and a median house value of $133,368, house prices in Wauseon are solidly below the national average.

Single-family detached homes are the single most common housing type in Wauseon, accounting for 65.72% of the city's housing units. Other types of housing that are prevalent in Wauseon include duplexes, homes converted to apartments or other small apartment buildings ( 14.59%), large apartment complexes or high rise apartments ( 11.34%), and a few mobile homes or trailers ( 4.84%).

The most prevalent building size and type in Wauseon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.61% owning and 38.39% renting.

There is a lot of housing in Wauseon 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 Wauseon built before 1939 ( 31.78%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.94%). There's also some housing in Wauseon built between 2000 and later ( 8.49%).

Wauseon Home Appreciation Rates

Real estate appreciation rates in Wauseon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.77% during the period.

Over the last year, Wauseon appreciation rates have trailed the rest of the nation. In the last twelve months, Wauseon's appreciation rate has been 1.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wauseon were at 0.12%, which equates to an annual appreciation rate of 0.47%.

Relative to Ohio, our data show that Wauseon's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$133,368

Wauseon, OH HOME PRICES

Value Range
> $1,095,000 0.0
$821,001 - $1,095,000 0.0
$547,001 - $821,000 0.0
$438,001 - $547,000 0.0
$328,001 - $438,000 3.6
$219,001 - $328,000 7.2
$109,001 - $219,000 46.8
$55,001 - $109,000 35.6
$0 - $55,000 6.8

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
58.0335169342552 51.4435695538058

Number Of Homes And Apartments:
2,768

Wauseon 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
7.75% 0.43% 5 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$774 / per month

Homeownership Rate

Homeownership
Owners 61.61
Renters 38.39
Vacant 6.33

Housing Market Details

 

Age of Homes

AGE OF Wauseon HOMES
2000 or Newer 8.5
1970 - 1999 34.8
1940 - 1969 24.9
1939 or Older 31.8

Types of Homes

TYPE OF Wauseon HOMES
Single-Family 65.7
Townhomes 3.5
Small Apt. Buildings 14.6
Apt. Complexes 11.3
Mobile Homes 4.8
Other 0.0

Home Size

SIZE OF Wauseon HOMES
No Bedroom 3.93
1 Bedroom 6.90
2 Bedrooms 26.53
3 Bedrooms 45.38
4 Bedrooms 16.82
5 or more bedrooms 0.44

Popular Neighborhoods in Wauseon

Zip Codes in Wauseon, OH