Rootstown, 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 Q2 2021. 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

Rootstown, OH Housing Market Trends

With 6,928 people, 1,372 houses or apartments, and a median cost of homes of $209,486, Rootstown 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 Rootstown, accounting for 82.15% of the town's housing units. Other types of housing that are prevalent in Rootstown include duplexes, homes converted to apartments or other small apartment buildings ( 5.33%), large apartment complexes or high rise apartments ( 5.00%), and a few row houses and other attached homes ( 4.66%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rootstown. Owner-occupied housing accounts for 81.80% of Rootstown's homes, and 69.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Rootstown 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 Rootstown built between 2000 and later ( 26.44%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.99%). There's also some housing in Rootstown built before 1939 ( 13.14%).

Rootstown Home Appreciation Rates

Rootstown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rootstown during the period has been just 2.71%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Rootstown's appreciation rate, at 8.88%, has been at or slightly above the national average. In the latest quarter, Rootstown's appreciation rate has been 2.06%, which annualizes to a rate of 8.49%.

Relative to Ohio, our data show that Rootstown's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$209,486

Rootstown, OH HOME PRICES

> $1,194,000
1.2%
1.2%
$896,001 - $1,194,000
0.0%
0.0%
$597,001 - $896,000
0.9%
0.9%
$478,001 - $597,000
1.9%
1.9%
$358,001 - $478,000
9.4%
9.4%
$239,001 - $358,000
28.5%
28.5%
$120,001 - $239,000
45.9%
45.9%
$59,001 - $120,000
9.1%
9.1%
$0 - $59,000
3.0%
3.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

High for OH

Value Relative To Nation

Number Of Homes And Apartments:
1,372

Rootstown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
28.62% 1.18%
2
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,146 / per month

Homeownership Rate

Owners
81.8%
81.8%
Renters
18.2%
18.2%
Vacant
5.5%
5.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
26.4%
26.4%
1970 - 1999
34.4%
34.4%
1940 - 1969
26.0%
26.0%
1939 or Older
13.1%
13.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
82.2%
82.2%
Townhomes
4.7%
4.7%
Small Apt. Buildings
5.3%
5.3%
Apt. Complexes
5.0%
5.0%
Mobile Homes
2.9%
2.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
2.5%
2.5%
2 Bedrooms
23.0%
23.0%
3 Bedrooms
53.6%
53.6%
4 Bedrooms
16.4%
16.4%
5 or more bedrooms
4.6%
4.6%
0.0% 100.0%
% OF HOMES