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 17,180, 7,412 total housing units (homes and apartments), and a median house value of $177,949, house prices in Defiance 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 Defiance, accounting for 71.46% of the city's housing units. Other types of housing that are prevalent in Defiance include large apartment complexes or high rise apartments ( 11.54%), duplexes, homes converted to apartments or other small apartment buildings ( 9.38%), and a few row houses and other attached homes ( 4.32%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Defiance. Owner-occupied housing accounts for 66.81% of Defiance's homes, and 66.22% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Defiance built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Defiance built between 1940-1969 ( 30.67%). A lesser amount of the housing stock also hails from before 1939 ( 24.71%). There's also some housing in Defiance built between 2000 and later ( 12.89%).
Defiance's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Defiance during the period has been just 5.92%, which is lower than 70% of US communities.
Over the last year, Defiance appreciation rates have trailed the rest of the nation. In the last twelve months, Defiance's appreciation rate has been 2.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Defiance were at 0.26%, which equates to an annual appreciation rate of 1.06%.
Relative to Ohio, our data show that Defiance's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Defiance differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Defiance - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Defiance real estate investment or home purchase decisions.
$177,949
for Ohio
for nation
7,412
$1,281 / per month