Housing Report for Cincinnati-Middletown
Cincinnati-Middletown had a median home value in the year 2005 of $143,400, reported by the American Community Survey. This value is greater than the overall Ohio 2005 median owner-occupied dwelling value of $129,600 and less than median home value of $167,500 across the nation during that year.
When comparing areas across the State of Ohio, Cincinnati-Middletown is positioned 2 of the 12 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 183 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
The owner-occupied dwellings in Cincinnati-Middletown, Ohio have experienced moderate increases from the housing values in 2000. The residential values have increased by $26,900, or 23.1 percent, from their 2000 median values of $116,500.
Cincinnati-Middletown has a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reported that 2.9 percent of the areas residential property was valued over $500k.
In Cincinnati-Middletown, there were a total of 892,953 housing structures in 2005. The metro area has seen a medium-high growth level in the number housing units, adding a sum of 46,951 residential units since 2001, or 5.5 percent.
There seems to be a fair amount affordable residential real estate in Cincinnati-Middletown, Ohio. In 2005, 39.4 percent of housing was valued under $125k.
Data Source: U.S. Census Bureau
When comparing areas across the State of Ohio, Cincinnati-Middletown is positioned 2 of the 12 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 183 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
The owner-occupied dwellings in Cincinnati-Middletown, Ohio have experienced moderate increases from the housing values in 2000. The residential values have increased by $26,900, or 23.1 percent, from their 2000 median values of $116,500.
Cincinnati-Middletown has a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reported that 2.9 percent of the areas residential property was valued over $500k.
In Cincinnati-Middletown, there were a total of 892,953 housing structures in 2005. The metro area has seen a medium-high growth level in the number housing units, adding a sum of 46,951 residential units since 2001, or 5.5 percent.
There seems to be a fair amount affordable residential real estate in Cincinnati-Middletown, Ohio. In 2005, 39.4 percent of housing was valued under $125k.
Data Source: U.S. Census Bureau
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