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Wheelersburg, 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 Q1 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Wheelersburg, OH Housing Market Trends

With a population of 6,531, 2,539 total housing units (homes and apartments), and a median house value of $222,217, Wheelersburg real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Wheelersburg, accounting for 71.96% of the town's housing units. Other types of housing that are prevalent in Wheelersburg include large apartment complexes or high rise apartments ( 12.76%), duplexes, homes converted to apartments or other small apartment buildings ( 8.03%), and a few mobile homes or trailers ( 6.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wheelersburg. Owner-occupied housing accounts for 75.21% of Wheelersburg's homes, and 62.91% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Wheelersburg 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 Wheelersburg built between 1940-1969 ( 29.02%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.15%). There's also some housing in Wheelersburg built before 1939 ( 5.27%).

Vacant housing appears to be an issue in Wheelersburg. Fully 13.61% of the housing stock is classified as vacant. Left unchecked, vacant Wheelersburg homes and apartments can be a drag on the real estate market, holding Wheelersburg real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Wheelersburg Home Appreciation Rates

Wheelersburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wheelersburg during the period has been just 4.18%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Wheelersburg's appreciation rate, at 9.04%, has been at or slightly above the national average. In the latest quarter, Wheelersburg's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

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

Average Home Values

Median Home Value

$222,217

Wheelersburg, OH Home Prices
> $1,319,000
$989,001 - $1,319,000
$660,001 - $989,000
$528,001 - $660,000
$396,001 - $528,000
$264,001 - $396,000
$132,001 - $264,000
$66,001 - $132,000
$0 - $66,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
3.9%
3.9%
7.1%
7.1%
26.7%
26.7%
38.6%
38.6%
12.4%
12.4%
11.2%
11.2%
0% 100.0%
% of Homes
High

for Ohio

Average

for nation

Number of Homes And Apartments:

2,539

Wheelersburg Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,061 / per month

Homeownership Rate

Owners
Renters
Vacant
75.2%
75.2%
24.8%
24.8%
13.6%
13.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.2%
14.2%
51.5%
51.5%
29.0%
29.0%
5.3%
5.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
72.0%
72.0%
0.5%
0.5%
8.0%
8.0%
12.8%
12.8%
6.7%
6.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.9%
2.9%
9.9%
9.9%
22.4%
22.4%
45.6%
45.6%
17.3%
17.3%
1.9%
1.9%
0% 100.0%
% of Homes