Friday, November 10, 2006

Housing Report for Ashtabula County, Ohio

When compared to other counties in Ohio, Ashtabula County stands 44 of 88 by percentage growth in residential real estate. The county is positioned 1,565 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

In Ashtabula County, the census reported 45,465 homes in the year 2005. This county has gone through a growth in housing units, adding a sum of 1,152 residential units since 2001, or 2.6 percent.

Ashtabula County recorded median owner-occupied home value in the year 2005 of $117,700, accounted by the American Community Survey. This median is less than the Ohio 2005 median home value of $129,600 and less than median owner-occupied dwelling value of $167,500 across the nation during that year.

The residential home values in Ashtabula County, Ohio have seen large increases since their reported values in 2000. The values have increased by $32,400, or 38 percent, from their 2000 value of $85,300.

Ashtabula County has a small, but present proportion of high-valued homes. In 2005, the American Community Survey reported that 0.2 percent residential property is valued over $500k.

There is a large amount of affordable housing in Ashtabula County, Ohio. In 2005, 53.8 percent of housing was valued under $125k.

Data Source: U.S. Census Bureau

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