Saturday, November 11, 2006

Housing Report for Dayton

When comparing areas across the State of Ohio, Dayton places 5 of the 12 metro areas by percentage growth in residential real estate. The metro area is positioned 286 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

In Dayton, there were a total of 376,902 housing units in the year 2005. This represents a medium level of growth in the number housing units, adding a sum of 9,765 housing units since the year 2001, or 2.7 percent.

Dayton can be understood as having a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey counted that 1 percent of owner-occupied dwellings were valued over a half a million dollars.

Dayton had a median home value in the year 2005 of $124,400, published by the American Community Survey. This value is less than the overall Ohio 2005 median home 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 large amount of affordable housing in Dayton, Ohio. In 2005, 50.4 percent of the homes were valued under $125,000.



Data Source: U.S. Census Bureau

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