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 246, 190 total housing units (homes and apartments), and a median house value of $373,940, Orient real estate prices are well above average cost compared to national prices.
Mobile homes or trailers are the single most common housing type in Orient, accounting for 53.68% of the town's housing units. Other types of housing that are prevalent in Orient include single-family detached homes ( 46.32%).
Dwellings in Orient tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 66.32% of the homes in Orient have two or fewer bedrooms.
There is a lot of housing in Orient 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 Orient built between 1940-1969 ( 23.68%). A lesser amount of the housing stock also hails from before 1939 ( 22.63%). There's also some housing in Orient built between 2000 and later ( 20.53%).
Appreciation rates for homes in Orient have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 106.44%, which ranks in the top 30% nationwide. This equates to an annual average Orient house appreciation rate of 7.52%.
Appreciation rates are so strong in Orient that despite a nationwide downturn in the housing market, Orient real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Orient appreciation rates continue to be some of the highest in America, at 6.07%, which is higher than appreciation rates in 77.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Orient. Orient appreciation rates in the latest quarter were at 0.55%, which equates to an annual appreciation rate of 2.22%.
Relative to Ohio, our data show that Orient's latest annual appreciation rate is higher than 70% of the other cities and towns in Ohio.
$373,940
for Ohio
for nation
190
$1,706 / per month