Friday, November 10, 2006

Housing Report for Butler County, Ohio

In Butler County, the U.S. Census Bureau, Population Division accounted for a total of 139,840 homes in the year 2005. This county has gone through a growth in housing units, adding in all 8,308 housing units since the year 2001, or 6.3 percent.

The residential real estate values in Butler County, Ohio have moderate increases from the real estate values reported in 2000. The valuations have increased by $27,000, or 21.9 percent, from when in 2000 they were valued at $123,200.

Throughout the State of Ohio, Butler County is positioned 10 of 88 in terms of percentage growth in new housing structures. The county ranks 618 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Butler County recorded a median home value in 2005 of $150,200, accounted by the American Community Survey. This is greater than the overall Ohio 2005 home value of $129,600 and less than median owner-occupied dwelling value of $167,500 for the rest of the nation in that year.

Butler County can be understood as having a medium percentage of homes that are high in price. In 2005, the American Community Survey counted that 1.4 percent owner-occupied dwelling are valued over a half a million dollars.

There seems to be a fair amount affordable residential real estate in Butler County, Ohio. In 2005, 37.6 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

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