West Carrollton, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating West Carrollton Neighborhoods Since 2000




West Carrollton, 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

West Carrollton Housing Market Information

With 12,980 people, 5,939 houses or apartments, and a median cost of homes of $86,359, house prices in West Carrollton are some of the most affordable in Ohio as well as the nation.

Single-family detached homes are the single most common housing type in West Carrollton, accounting for 49.57% of the city's housing units. Other types of housing that are prevalent in West Carrollton include large apartment complexes or high rise apartments ( 29.26%), duplexes, homes converted to apartments or other small apartment buildings ( 11.97%), and a few row houses and other attached homes ( 7.61%).

People in West Carrollton primarily live in small (one, two or no bedroom) single-family detached homes. West Carrollton has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in West Carrollton 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 West Carrollton built between 1940-1969 ( 37.99%). A lesser amount of the housing stock also hails from before 1939 ( 5.86%).

West Carrollton Home Appreciation Rates

West Carrollton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in West Carrollton during the period has been just -2.10%, which is lower than 80% of US communities.

Over the last year, West Carrollton appreciation rates have trailed the rest of the nation. In the last twelve months, West Carrollton's appreciation rate has been 0.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Carrollton were at -0.27%, which equates to an annual appreciation rate of -1.08%.

Relative to Ohio, our data show that West Carrollton's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$86,359

West Carrollton, OH HOME PRICES

Value Range
> $1,018,000 0.4
$763,001 - $1,018,000 0.0
$509,001 - $763,000 0.0
$408,001 - $509,000 0.1
$306,001 - $408,000 0.5
$204,001 - $306,000 2.3
$102,001 - $204,000 39.5
$51,001 - $102,000 41.5
$0 - $51,000 15.6

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
86.5463494667761 88.5826771653543

Number Of Homes And Apartments:
5,939

West Carrollton 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
-10.03% -0.61% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$925 / per month

Homeownership Rate

Homeownership
Owners 54.92
Renters 45.08
Vacant 9.11

Housing Market Details

 

Age of Homes

AGE OF West Carrollton HOMES
2000 or Newer 0.5
1970 - 1999 55.7
1940 - 1969 38.0
1939 or Older 5.9

Types of Homes

TYPE OF West Carrollton HOMES
Single-Family 49.6
Townhomes 7.6
Small Apt. Buildings 12.0
Apt. Complexes 29.3
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF West Carrollton HOMES
No Bedroom 1.42
1 Bedroom 12.49
2 Bedrooms 38.98
3 Bedrooms 39.13
4 Bedrooms 7.56
5 or more bedrooms 0.41