Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 3,902, 1,589 total housing units (homes and apartments), and a median house value of $165,596, house prices in Barnesville are some of the most affordable in Ohio as well as the nation.
Single-family detached homes are the single most common housing type in Barnesville, accounting for 69.52% of the village's housing units. Other types of housing that are prevalent in Barnesville include duplexes, homes converted to apartments or other small apartment buildings ( 14.17%), large apartment complexes or high rise apartments ( 11.16%), and a few row houses and other attached homes ( 2.95%).
The most prevalent building size and type in Barnesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 54.20% owning and 45.80% renting.
The housing in Barnesville was primarily built before 1939 ( 32.16%), making the housing stock in Barnesville some of the oldest overall in America, although there is a range of ages of homes in Barnesville. The next most important housing age is between 1970-1999 ( 26.72%), followed by between 1940-1969 ( 24.12%). There's also some housing in Barnesville built between 2000 and later ( 17.00%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Barnesville, where house values have increased just 47.16%, which is annualized rate of 3.94%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Barnesville appreciation rates have trailed the rest of the nation. In the last twelve months, Barnesville's appreciation rate has been -2.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Barnesville were at -6.50%, which equates to an annual appreciation rate of -23.56%.
Notably, Barnesville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Ohio, our data show that Barnesville's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.
$165,596
for Ohio
for nation
1,589
$1,151 / per month