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Bexley, 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 Q3 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Bexley, OH Housing Market Trends

With a population of 13,681, 4,786 total housing units (homes and apartments), and a median house value of $681,484, Bexley house prices are not only among the most expensive in Ohio, Bexley real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Bexley, accounting for 78.60% of the city's housing units. Other types of housing that are prevalent in Bexley include large apartment complexes or high rise apartments ( 14.13%), duplexes, homes converted to apartments or other small apartment buildings ( 5.40%), and a few row houses and other attached homes ( 1.63%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bexley. Owner-occupied housing accounts for 68.67% of Bexley's homes, and 69.49% have either three or four bedrooms, which is average sized relative to America.

The housing in Bexley was primarily built before 1939 ( 43.69%), making the housing stock in Bexley some of the oldest overall in America, although there is a range of ages of homes in Bexley. The next most important housing age is between 1940-1969 ( 37.96%), followed by between 1970-1999 ( 15.75%). There's also some housing in Bexley built between 2000 and later ( 2.59%).

Bexley Home Appreciation Rates

In the last 10 years, Bexley has experienced some of the highest home appreciation rates of any community in the nation. Bexley real estate appreciated 108.89% over the last ten years, which is an average annual home appreciation rate of 7.64%, putting Bexley in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bexley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Bexley's appreciation rate, at 14.24%, has been at or slightly above the national average. In the latest quarter, Bexley's appreciation rate has been 5.88%, which annualizes to a rate of 25.68%.

Importantly, this makes Bexley one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$681,484

Bexley, OH HOME PRICES

> $1,476,000
$1,107,001 - $1,476,000
$738,001 - $1,107,000
$590,001 - $738,000
$443,001 - $590,000
$295,001 - $443,000
$148,001 - $295,000
$74,001 - $148,000
$0 - $74,000
3.9%
3.9%
7.9%
7.9%
18.0%
18.0%
18.1%
18.1%
20.4%
20.4%
16.8%
16.8%
13.6%
13.6%
0.8%
0.8%
0.6%
0.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for OH

Value Relative To Nation

Number Of Homes And Apartments:
4,786

Bexley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2022 Q2 - 2022 Q3
Last 12 Months:
2021 Q3 - 2022 Q3
Last 2 Years:
2020 Q3 - 2022 Q3
Last 5 Years:
2017 Q3 - 2022 Q3
Last 10 Years:
2012 Q3 - 2022 Q3
Since 2000:
2000 Q1 - 2022 Q3
151.47% 4.14%
10
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,596 / per month

Homeownership Rate

Owners
Renters
Vacant
68.7%
68.7%
31.3%
31.3%
6.1%
6.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
2.6%
2.6%
15.8%
15.8%
38.0%
38.0%
43.7%
43.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
78.6%
78.6%
1.6%
1.6%
5.4%
5.4%
14.1%
14.1%
0.3%
0.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.1%
2.1%
5.7%
5.7%
14.6%
14.6%
43.3%
43.3%
26.2%
26.2%
8.1%
8.1%
0.0% 100.0%
% OF HOMES