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Vandalia, 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 Q3 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Vandalia, OH Housing Market Trends

With 15,090 people, 6,451 houses or apartments, and a median cost of homes of $189,504, house prices in Vandalia are solidly below the national average.

Single-family detached homes are the single most common housing type in Vandalia, accounting for 65.22% of the city's housing units. Other types of housing that are prevalent in Vandalia include duplexes, homes converted to apartments or other small apartment buildings ( 16.96%), large apartment complexes or high rise apartments ( 13.57%), and a few row houses and other attached homes ( 4.11%).

The most prevalent building size and type in Vandalia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.15% owning and 43.85% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Vandalia's housing was primarily built during this period, from the '40s through the '60s. A full 47.63% of the city's housing hails from this era. Other housing ages represented in Vandalia include homes built between 1970-1999 ( 43.23%) and housing constructed between 2000 and later ( 7.24%). There's also some housing in Vandalia built before 1939 ( 1.90%).

Vandalia Home Appreciation Rates

Appreciation rates for homes in Vandalia have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 76.16%, which ranks in the top 50% nationwide. This equates to an annual average Vandalia house appreciation rate of 5.83%.

Over the last year, Vandalia appreciation rates have trailed the rest of the nation. In the last twelve months, Vandalia's appreciation rate has been 12.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vandalia were at 3.71%, which equates to an annual appreciation rate of 15.70%.

Relative to Ohio, our data show that Vandalia's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$189,504

Vandalia, OH HOME PRICES

> $1,436,000
$1,077,001 - $1,436,000
$718,001 - $1,077,000
$575,001 - $718,000
$431,001 - $575,000
$287,001 - $431,000
$144,001 - $287,000
$72,001 - $144,000
$0 - $72,000
0.5%
0.5%
0.2%
0.2%
0.3%
0.3%
0.3%
0.3%
3.8%
3.8%
17.6%
17.6%
55.0%
55.0%
20.0%
20.0%
2.4%
2.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Average for OH

Value Relative To Nation

Number Of Homes And Apartments:
6,451

Vandalia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2022 Q2 - 2022 Q3
Last 12 Months:
2021 Q3 - 2022 Q3
Last 2 Years:
2020 Q3 - 2022 Q3
Last 5 Years:
2017 Q3 - 2022 Q3
Last 10 Years:
2012 Q3 - 2022 Q3
Since 2000:
2000 Q1 - 2022 Q3
78.72% 2.59%
6
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,063 / per month

Homeownership Rate

Owners
Renters
Vacant
56.2%
56.2%
43.8%
43.8%
2.9%
2.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.2%
7.2%
43.2%
43.2%
47.6%
47.6%
1.9%
1.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.2%
65.2%
4.1%
4.1%
17.0%
17.0%
13.6%
13.6%
0.2%
0.2%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.2%
1.2%
10.6%
10.6%
27.7%
27.7%
39.7%
39.7%
18.5%
18.5%
2.3%
2.3%
0.0% 100.0%
% OF HOMES