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 5,122, 2,233 total housing units (homes and apartments), and a median house value of $182,945, house prices in Uhrichsville are solidly below the national average.
Single-family detached homes are the single most common housing type in Uhrichsville, accounting for 63.52% of the city's housing units. Other types of housing that are prevalent in Uhrichsville include duplexes, homes converted to apartments or other small apartment buildings ( 15.96%), large apartment complexes or high rise apartments ( 15.43%), and a few mobile homes or trailers ( 4.68%).
The most prevalent building size and type in Uhrichsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.23% owning and 51.77% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Uhrichsville's housing was primarily built during this period, from the '40s through the '60s. A full 32.38% of the city's housing hails from this era. Other housing ages represented in Uhrichsville include homes built before 1939 ( 28.44%) and housing constructed between 1970-1999 ( 28.31%). There's also some housing in Uhrichsville built between 2000 and later ( 10.87%).
In the last 10 years, Uhrichsville has experienced some of the highest home appreciation rates of any community in the nation. Uhrichsville real estate appreciated 116.60% over the last ten years, which is an average annual home appreciation rate of 8.04%, putting Uhrichsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Uhrichsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Uhrichsville that despite a nationwide downturn in the housing market, Uhrichsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Uhrichsville appreciation rates continue to be some of the highest in America, at 6.48%, which is higher than appreciation rates in 90.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Uhrichsville. Uhrichsville appreciation rates in the latest quarter were at 1.89%, which equates to an annual appreciation rate of 7.76%.
Importantly, this makes Uhrichsville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Ohio, our data show that Uhrichsville's latest annual appreciation rate is higher than 60% of the other cities and towns in Ohio.
$182,945
for Ohio
for nation
2,233
$1,425 / per month