Housing Report for Youngstown-Warren-Boardman
When comparing areas across the State of Ohio, Youngstown-Warren-Boardman is positioned 11 of the 12 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 344 of 361, comparing the percentage change in residential real estate in other US MSAs.
According to the data, there is a large amount affordable residential real estate in Youngstown-Warren-Boardman, Ohio. In 2005, 66.8 percent of owner-occupied dwellings were valued under $125k.
Youngstown-Warren-Boardman can be understood as having a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey reports that 0.9 percent of the areas residential property was valued over $500k.
Youngstown-Warren-Boardman recorded a median home value in 2005 of $96,600, reported by the American Community Survey. This home value is less than the Ohio 2005 median owner-occupied dwelling value of $129,600 and less than median home value of $167,500 for the United States in the same year.
In Youngstown-Warren-Boardman, there were a total of 261,664 housing structures in 2005. The metro area has seen a medium level of growth in the number housing units, adding all together 3,441 residential units since 2001, or 1.3 percent.
The owner-occupied dwellings in Youngstown-Warren-Boardman, Ohio have seen large increases since their reported values in 2000. The values have increased by $20,600, or 27.1 percent, since 2000 when their medians were valued at $76,000.
Data Source: U.S. Census Bureau
According to the data, there is a large amount affordable residential real estate in Youngstown-Warren-Boardman, Ohio. In 2005, 66.8 percent of owner-occupied dwellings were valued under $125k.
Youngstown-Warren-Boardman can be understood as having a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey reports that 0.9 percent of the areas residential property was valued over $500k.
Youngstown-Warren-Boardman recorded a median home value in 2005 of $96,600, reported by the American Community Survey. This home value is less than the Ohio 2005 median owner-occupied dwelling value of $129,600 and less than median home value of $167,500 for the United States in the same year.
In Youngstown-Warren-Boardman, there were a total of 261,664 housing structures in 2005. The metro area has seen a medium level of growth in the number housing units, adding all together 3,441 residential units since 2001, or 1.3 percent.
The owner-occupied dwellings in Youngstown-Warren-Boardman, Ohio have seen large increases since their reported values in 2000. The values have increased by $20,600, or 27.1 percent, since 2000 when their medians were valued at $76,000.
Data Source: U.S. Census Bureau
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