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 8,612, 3,566 total housing units (homes and apartments), and a median house value of $576,644, Highland Heights house prices are not only among the most expensive in Ohio, Highland Heights real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Highland Heights, accounting for 88.83% of the city's housing units. Other types of housing that are prevalent in Highland Heights include row houses and other attached homes ( 7.99%), duplexes, homes converted to apartments or other small apartment buildings ( 3.18%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Highland Heights. Owner-occupied housing accounts for 95.36% of Highland Heights's homes, and 78.87% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Highland Heights 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 Highland Heights built between 1940-1969 ( 40.71%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.16%). There's also some housing in Highland Heights built before 1939 ( 1.12%).
Real estate appreciation rates in Highland Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.13% during the period.
Appreciation rates are so strong in Highland Heights that despite a nationwide downturn in the housing market, Highland Heights real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Highland Heights appreciation rates continue to be some of the highest in America, at 4.79%, which is higher than appreciation rates in 72.23% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Highland Heights. Highland Heights appreciation rates in the latest quarter were at -0.34%, which equates to an annual appreciation rate of -1.35%.
Relative to Ohio, our data show that Highland Heights's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.
$576,644
for Ohio
for nation
3,566
$2,061 / per month