Housing Report for Lucas County, Ohio
The State of Ohio, Lucas County places 48 of 88 in terms of growth of new housing structures between 2001 and 2005. The county stands 1,618 of 3,141, when comparing thee change in housing structures in counties throughout the nation.
In Lucas County, there were a total of 202,426 homes in 2005. The county has experienced a growth in housing units, adding a total of 4,912 homes since 2001, or 2.5 percent.
Lucas County has a small, but present proportion of high-valued homes. In 2005, the American Community Survey reports that 0.7 percent of the homes were valued over $500,000.
Lucas County recorded a median home value in 2005 of $118,000, published by the American Community Survey. This value is less than the Ohio 2005 median owner-occupied dwelling value of $129,600 and less than home value of $167,500 for the United States in the same year.
The residential real estate values in Lucas County, Ohio have seen large increases since the Census values accounted for in the year 2000. The values have increased by $27,300, or 30.1 percent, from when in 2000 they were valued at $90,700.
According to the data, there is a large amount of real estate that is affordable in Lucas County, Ohio. In 2005, 54.3 percent of housing was valued under $125k.
Data Source: U.S. Census Bureau
In Lucas County, there were a total of 202,426 homes in 2005. The county has experienced a growth in housing units, adding a total of 4,912 homes since 2001, or 2.5 percent.
Lucas County has a small, but present proportion of high-valued homes. In 2005, the American Community Survey reports that 0.7 percent of the homes were valued over $500,000.
Lucas County recorded a median home value in 2005 of $118,000, published by the American Community Survey. This value is less than the Ohio 2005 median owner-occupied dwelling value of $129,600 and less than home value of $167,500 for the United States in the same year.
The residential real estate values in Lucas County, Ohio have seen large increases since the Census values accounted for in the year 2000. The values have increased by $27,300, or 30.1 percent, from when in 2000 they were valued at $90,700.
According to the data, there is a large amount of real estate that is affordable in Lucas County, Ohio. In 2005, 54.3 percent of housing was valued under $125k.
Data Source: U.S. Census Bureau
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