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 2,832, 937 total housing units (homes and apartments), and a median house value of $325,293, LaGrange real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in LaGrange, accounting for 84.64% of the village's housing units. Other types of housing that are prevalent in LaGrange include row houses and other attached homes ( 6.80%), duplexes, homes converted to apartments or other small apartment buildings ( 5.77%), and a few large apartment complexes or high rise apartments ( 2.78%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in LaGrange. Owner-occupied housing accounts for 77.95% of LaGrange's homes, and 79.28% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in LaGrange 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 LaGrange built between 2000 and later ( 26.19%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.14%). There's also some housing in LaGrange built before 1939 ( 13.30%).
Appreciation rates for homes in LaGrange have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 85.05%, which ranks in the top 50% nationwide. This equates to an annual average LaGrange house appreciation rate of 6.35%.
NeighborhoodScout's data show that during the latest twelve months, LaGrange's appreciation rate, at 5.03%, has been at or slightly above the national average. In the latest quarter, LaGrange's appreciation rate has been -0.78%, which annualizes to a rate of -3.07%.
Notably, LaGrange's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Ohio, our data show that LaGrange's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.
$325,293
for Ohio
for nation
937
$1,301 / per month