Shiloh, 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

Shiloh, OH Housing Market Trends

With a population of 619, 207 total housing units (homes and apartments), and a median house value of $142,181, house prices in Shiloh are solidly below the national average.

Single-family detached homes are the single most common housing type in Shiloh, accounting for 83.78% of the village's housing units. Other types of housing that are prevalent in Shiloh include duplexes, homes converted to apartments or other small apartment buildings ( 9.27%), mobile homes or trailers ( 6.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shiloh. Owner-occupied housing accounts for 69.08% of Shiloh's homes, and 72.20% have either three or four bedrooms, which is average sized relative to America.

The housing in Shiloh was primarily built before 1939 ( 54.05%), making the housing stock in Shiloh some of the oldest overall in America, although there is a range of ages of homes in Shiloh. The next most important housing age is between 1940-1969 ( 29.34%), followed by between 1970-1999 ( 14.29%). There's also some housing in Shiloh built between 2000 and later ( 2.32%).

Vacant housing appears to be an issue in Shiloh. Fully 20.08% of the housing stock is classified as vacant. Left unchecked, vacant Shiloh homes and apartments can be a drag on the real estate market, holding Shiloh 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.

Shiloh Home Appreciation Rates

Appreciation rates for homes in Shiloh have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 66.17%, which ranks in the top 30% nationwide. This equates to an annual average Shiloh house appreciation rate of 5.21%.

Appreciation rates are so strong in Shiloh that despite a nationwide downturn in the housing market, Shiloh real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Shiloh appreciation rates continue to be some of the highest in America, at 12.04%, which is higher than appreciation rates in 84.08% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Shiloh. Shiloh appreciation rates in the latest quarter were at 3.97%, which equates to an annual appreciation rate of 16.87%.

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

Relative to Ohio, our data show that Shiloh's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$142,181

Shiloh, OH HOME PRICES

> $1,375,000
3.9%
3.9%
$1,031,001 - $1,375,000
1.2%
1.2%
$687,001 - $1,031,000
0.0%
0.0%
$550,001 - $687,000
3.0%
3.0%
$412,001 - $550,000
1.1%
1.1%
$275,001 - $412,000
2.6%
2.6%
$138,001 - $275,000
42.2%
42.2%
$69,001 - $138,000
33.7%
33.7%
$0 - $69,000
12.5%
12.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for OH

Value Relative To Nation

Number Of Homes And Apartments:
207

Shiloh 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
55.53% 2.08%
7
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$980 / per month

Homeownership Rate

Owners
69.1%
69.1%
Renters
30.9%
30.9%
Vacant
20.1%
20.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
2.3%
2.3%
1970 - 1999
14.3%
14.3%
1940 - 1969
29.3%
29.3%
1939 or Older
54.1%
54.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
83.8%
83.8%
Townhomes
0.0%
0.0%
Small Apt. Buildings
9.3%
9.3%
Apt. Complexes
0.0%
0.0%
Mobile Homes
6.9%
6.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
3.5%
3.5%
2 Bedrooms
18.5%
18.5%
3 Bedrooms
58.3%
58.3%
4 Bedrooms
13.9%
13.9%
5 or more bedrooms
4.6%
4.6%
0.0% 100.0%
% OF HOMES