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 14,446, 6,117 total housing units (homes and apartments), and a median house value of $212,503, house prices in Washington Court House are solidly below the national average.
Single-family detached homes are the single most common housing type in Washington Court House, accounting for 66.08% of the city's housing units. Other types of housing that are prevalent in Washington Court House include duplexes, homes converted to apartments or other small apartment buildings ( 15.72%), large apartment complexes or high rise apartments ( 14.23%), and a few row houses and other attached homes ( 3.14%).
People in Washington Court House primarily live in small (one, two or no bedroom) single-family detached homes. Washington Court House has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Washington Court House 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 Washington Court House built between 1940-1969 ( 30.75%). A lesser amount of the housing stock also hails from before 1939 ( 21.93%). There's also some housing in Washington Court House built between 2000 and later ( 14.74%).
Vacant housing appears to be an issue in Washington Court House. Fully 10.37% of the housing stock is classified as vacant. Left unchecked, vacant Washington Court House homes and apartments can be a drag on the real estate market, holding Washington Court House real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Washington Court House has experienced some of the highest home appreciation rates of any community in the nation. Washington Court House real estate appreciated 122.28% over the last ten years, which is an average annual home appreciation rate of 8.32%, putting Washington Court House in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Washington Court House definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Washington Court House's appreciation rate, at 4.13%, has been at or slightly above the national average. In the latest quarter, Washington Court House's appreciation rate has been 0.26%, which annualizes to a rate of 1.06%.
Relative to Ohio, our data show that Washington Court House's latest annual appreciation rate is lower than 50% 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 Washington Court House differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Washington Court House - 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 Washington Court House real estate investment or home purchase decisions.
$212,503
for Ohio
for nation
6,117
$1,222 / per month