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 4,468, 1,903 total housing units (homes and apartments), and a median house value of $174,824, house prices in Crestline 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 Crestline, accounting for 76.78% of the village's housing units. Other types of housing that are prevalent in Crestline include duplexes, homes converted to apartments or other small apartment buildings ( 8.41%), large apartment complexes or high rise apartments ( 7.69%), and a few mobile homes or trailers ( 4.28%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Crestline. Owner-occupied housing accounts for 69.83% of Crestline's homes, and 64.90% have either three or four bedrooms, which is average sized relative to America.
The housing in Crestline was primarily built before 1939 ( 33.22%), making the housing stock in Crestline some of the oldest overall in America, although there is a range of ages of homes in Crestline. The next most important housing age is between 1940-1969 ( 30.53%), followed by between 1970-1999 ( 22.45%). There's also some housing in Crestline built between 2000 and later ( 13.80%).
In the last 10 years, Crestline has experienced some of the highest home appreciation rates of any community in the nation. Crestline real estate appreciated 140.28% over the last ten years, which is an average annual home appreciation rate of 9.16%, putting Crestline in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crestline definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Crestline's appreciation rate, at 3.98%, has been at or slightly above the national average. In the latest quarter, Crestline's appreciation rate has been 0.26%, which annualizes to a rate of 1.05%.
Relative to Ohio, our data show that Crestline's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.
$174,824
for Ohio
for nation
1,903
$1,307 / per month