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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 1,552, 560 total housing units (homes and apartments), and a median house value of $274,458, Curtice 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 Curtice, accounting for 100.00% of the town's housing units.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Curtice. Owner-occupied housing accounts for 97.14% of Curtice's homes, and 64.06% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Curtice 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 Curtice built before 1939 ( 23.91%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.28%). There's also some housing in Curtice built between 2000 and later ( 21.09%).
Vacant housing appears to be an issue in Curtice. Fully 12.50% of the housing stock is classified as vacant. Left unchecked, vacant Curtice homes and apartments can be a drag on the real estate market, holding Curtice 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.
Real estate appreciation rates in Curtice's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.86% during the period.
Appreciation rates are so strong in Curtice that despite a nationwide downturn in the housing market, Curtice real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Curtice appreciation rates continue to be some of the highest in America, at 7.15%, which is higher than appreciation rates in 75.64% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Curtice. Curtice appreciation rates in the latest quarter were at 2.42%, which equates to an annual appreciation rate of 10.05%.
Importantly, this makes Curtice one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Ohio, our data show that Curtice's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.
$274,458
for Ohio
for nation
560
$1,885 / per month