Housing Report for Medina County, Ohio
The State of Ohio, Medina County is positioned 5 of 88 by percent in growth of new residential structures. The county places 321 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.
In Medina County, the census reported 64,202 homes in 2005. The county has experienced a growth in housing units, adding all together 5,643 homes since 2001, or 9.6 percent.
According to the data, there is a limited amount of housing that is affordable in Medina County, Ohio. In 2005, 17.4 percent of residential real estate was valued under $125,000.
The residential housing values in Medina County, Ohio have moderate increases from the housing values in 2000. The residential values have increased by $34,100, or 23.6 percent, since 2000 when they were valued at $144,400.
Medina County recorded median owner-occupied home value in the year 2005 of $178,500, reported by the American Community Survey. This is greater than the overall Ohio 2005 median home value of $129,600 and greater than median owner-occupied dwelling value of $167,500 across the nation during that year.
Medina County can be understood as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 3.2 percent residential property is valued over $500k.
Data Source: U.S. Census Bureau
In Medina County, the census reported 64,202 homes in 2005. The county has experienced a growth in housing units, adding all together 5,643 homes since 2001, or 9.6 percent.
According to the data, there is a limited amount of housing that is affordable in Medina County, Ohio. In 2005, 17.4 percent of residential real estate was valued under $125,000.
The residential housing values in Medina County, Ohio have moderate increases from the housing values in 2000. The residential values have increased by $34,100, or 23.6 percent, since 2000 when they were valued at $144,400.
Medina County recorded median owner-occupied home value in the year 2005 of $178,500, reported by the American Community Survey. This is greater than the overall Ohio 2005 median home value of $129,600 and greater than median owner-occupied dwelling value of $167,500 across the nation during that year.
Medina County can be understood as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 3.2 percent residential property is valued over $500k.
Data Source: U.S. Census Bureau
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