Friday, November 10, 2006

Housing Report for Clermont County, Ohio

In Clermont County, the real estate market was made up of 76,707 homes in 2005. The county has experienced a growth in housing units, adding all together 5,644 housing units since the year 2001, or 7.9 percent.

Clermont County may be be described as having a medium proportion of high-valued homes. In 2005, the American Community Survey reports that 1.8 percent of the homes were valued over $500,000.

The owner-occupied dwellings in Clermont County, Ohio have moderate increases from the housing values in 2000. The residential values have increased by $24,300, or 19.8 percent, from when in 2000 they were valued at $122,900.

When compared to other counties in Ohio, Clermont County stands 6 of 88 by percentage growth in residential real estate. The county is positioned 449 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Clermont County recorded a median home value in 2005 of $147,200, reported by the American Community Survey. This home value is greater than the State of Ohio 2005 median owner-occupied dwelling value of $129,600 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.

According to the data, there is a fair amount of real estate that is affordable in Clermont County, Ohio. In 2005, 35.3 percent of housing was valued under $125k.

Data Source: U.S. Census Bureau

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