Housing Report for Montgomery County, Ohio
In the State of Ohio, Montgomery County ranks 64 of 88 by percent in growth of new residential structures. The county places 2,264 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.
In Montgomery County, there were a total of 253,475 homes in 2005. The county has experienced a growth in housing units, adding a total of 3,978 residential structures since 2001, a change of 1.6 percent.
According to the data, there is a large amount of housing that is affordable in Montgomery County, Ohio. In 2005, 55.4 percent of residential real estate was valued under $125,000.
The residential housing values in Montgomery County, Ohio have moderate increases from the real estate values reported in 2000. The valuations have increased by $20,600, or 21.5 percent, since their values in that year of $95,900.
Montgomery County had an owner-occupied dwelling median in 2005 of $116,500, accounted by the American Community Survey. This value is less than the overall State of Ohio 2005 home value of $129,600 and less than home value of $167,500 for the United States in the same year.
Montgomery County may be be described as having a small, but present proportion of high-valued homes. In 2005, the American Community Survey accounted that 0.6 percent of the homes were valued over $500,000.
Data Source: U.S. Census Bureau
In Montgomery County, there were a total of 253,475 homes in 2005. The county has experienced a growth in housing units, adding a total of 3,978 residential structures since 2001, a change of 1.6 percent.
According to the data, there is a large amount of housing that is affordable in Montgomery County, Ohio. In 2005, 55.4 percent of residential real estate was valued under $125,000.
The residential housing values in Montgomery County, Ohio have moderate increases from the real estate values reported in 2000. The valuations have increased by $20,600, or 21.5 percent, since their values in that year of $95,900.
Montgomery County had an owner-occupied dwelling median in 2005 of $116,500, accounted by the American Community Survey. This value is less than the overall State of Ohio 2005 home value of $129,600 and less than home value of $167,500 for the United States in the same year.
Montgomery County may be be described as having a small, but present proportion of high-valued homes. In 2005, the American Community Survey accounted that 0.6 percent of the homes were valued over $500,000.
Data Source: U.S. Census Bureau
