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 8,337, 3,803 total housing units (homes and apartments), and a median house value of $178,548, house prices in Eaton 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 Eaton, accounting for 76.95% of the city's housing units. Other types of housing that are prevalent in Eaton include duplexes, homes converted to apartments or other small apartment buildings ( 10.02%), large apartment complexes or high rise apartments ( 9.13%), and a few row houses and other attached homes ( 3.37%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eaton. Owner-occupied housing accounts for 65.15% of Eaton's homes, and 60.97% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Eaton 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 Eaton built before 1939 ( 27.08%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.71%). There's also some housing in Eaton built between 1940-1969 ( 14.59%).
Real estate appreciation rates in Eaton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.52% during the period.
Over the last year, Eaton appreciation rates have trailed the rest of the nation. In the last twelve months, Eaton's appreciation rate has been 0.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Eaton were at 0.26%, which equates to an annual appreciation rate of 1.06%.
Relative to Ohio, our data show that Eaton's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.
$178,548
for Ohio
for nation
3,803
$1,138 / per month