Ohio
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Ohio Real Estate Market & Appreciation

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$168,006

Number Of Homes And Apartments:
4,676,358

Ohio Home Prices

> $1,196,000
0.5%
0.5%
$896,860 - $1,196,000
0.5%
0.5%
$597,924 - $896,859
2.0%
2.0%
$478,413 - $597,923
2.5%
2.5%
$358,847 - $478,412
6.2%
6.2%
$239,211 - $358,846
15.9%
15.9%
$119,606 - $239,210
38.1%
38.1%
$59,796 - $119,605
24.0%
24.0%
$0 - $59,795
10.4%
10.4%
0.0% 100.0%
% OF HOMES

Ohio Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
2.31% 9.57%
8
Last 12 Months:
2019 Q4 - 2020 Q4
7.22% 7.22%
9
Last 2 Years:
2018 Q4 - 2020 Q4
13.41% 6.50%
9
Last 5 Years:
2015 Q4 - 2020 Q4
31.35% 5.60%
7
Last 10 Years:
2010 Q4 - 2020 Q4
36.33% 3.15%
6
Since 2000:
2000 Q1 - 2020 Q4
54.28% 2.11%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,037 / per month

Homeownership Rate

Owners
64.3%
64.3%
Renters
35.7%
35.7%
Vacant
10.1%
10.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
12.5%
12.5%
1970 - 1999
35.1%
35.1%
1940 - 1969
32.3%
32.3%
1939 or Older
20.1%
20.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
68.6%
68.6%
Townhomes
4.6%
4.6%
Small Apt. Buildings
8.7%
8.7%
Apt. Complexes
14.4%
14.4%
Mobile Homes
3.7%
3.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
9.4%
9.4%
2 Bedrooms
26.0%
26.0%
3 Bedrooms
42.2%
42.2%
4 Bedrooms
17.5%
17.5%
5 or more bedrooms
3.4%
3.4%
0.0% 100.0%
% OF HOMES