Windham, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Windham Neighborhoods Since 2000




Windham, 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

Windham Housing Market Information

With a population of 2,205, 679 total housing units (homes and apartments), and a median house value of $104,530, house prices in Windham are solidly below the national average.

Single-family detached homes are the single most common housing type in Windham, accounting for 53.11% of the village's housing units. Other types of housing that are prevalent in Windham include large apartment complexes or high rise apartments ( 27.44%), duplexes, homes converted to apartments or other small apartment buildings ( 12.33%), and a few mobile homes or trailers ( 3.56%).

The most prevalent building size and type in Windham are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 41.87% owning and 58.13% renting.

There is a lot of housing in Windham 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 Windham built between 1940-1969 ( 40.89%). A lesser amount of the housing stock also hails from before 1939 ( 12.22%). There's also some housing in Windham built between 2000 and later ( 2.67%).

Vacant housing appears to be an issue in Windham. Fully 24.56% of the housing stock is classified as vacant. Left unchecked, vacant Windham homes and apartments can be a drag on the real estate market, holding Windham 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.

Windham Home Appreciation Rates

Windham's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Windham during the period has been just -1.54%, which is lower than 80% of US communities.

Over the last year, Windham appreciation rates have trailed the rest of the nation. In the last twelve months, Windham's appreciation rate has been -5.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Windham were at 0.81%, which equates to an annual appreciation rate of 3.28%.

Relative to Ohio, our data show that Windham's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$104,530

Windham, OH HOME PRICES

Value Range
> $1,030,000 0.0
$772,001 - $1,030,000 3.9
$514,001 - $772,000 0.0
$412,001 - $514,000 0.8
$309,001 - $412,000 1.8
$206,001 - $309,000 2.9
$103,001 - $206,000 36.9
$51,001 - $103,000 34.2
$0 - $51,000 19.5

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
74.607406539318 75.1968503937008

Number Of Homes And Apartments:
679

Windham 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
-8.40% -0.51% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$795 / per month

Homeownership Rate

Homeownership
Owners 41.87
Renters 58.13
Vacant 24.56

Housing Market Details

 

Age of Homes

AGE OF Windham HOMES
2000 or Newer 2.7
1970 - 1999 44.2
1940 - 1969 40.9
1939 or Older 12.2

Types of Homes

TYPE OF Windham HOMES
Single-Family 53.1
Townhomes 3.6
Small Apt. Buildings 12.3
Apt. Complexes 27.4
Mobile Homes 3.6
Other 0.0

Home Size

SIZE OF Windham HOMES
No Bedroom 0.00
1 Bedroom 5.22
2 Bedrooms 24.78
3 Bedrooms 58.78
4 Bedrooms 10.00
5 or more bedrooms 1.22