OHIO ( STACKER ) — Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $362,156 in July, 2.8% higher than the year before.
The one-hit wonders every rock music fan will remember High mortgage rates are also making monthly payments more expensive; as of Aug. 22, the 30-year fixed mortgage rate sits at 6.46%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in Ohio using data from Zillow . Cities are ranked by the Zillow Home Values Index for all homes as of July 2024. The charts in this story were created automatically using Matplotlib .
Metros with the most cities in the top 30 in Ohio
#1. Columbus, OH: 11
#2. Cleveland-Elyria, OH: 8
#3. Cincinnati, OH-KY-IN: 6
#4. Akron, OH: 3
#5. Canton-Massillon, OH: 1
#5. Dayton-Kettering, OH: 1
#30. Turpin Hills
– Typical home value: $499,288
– 1-year price change: +3.4%
– 5-year price change: +45.9%
– Metro area: Cincinnati, OH-KY-IN
#29. Sugarcreek
– Typical home value: $499,497
– 1-year price change: +3.5%
– 5-year price change: +37.8%
– Metro area: Dayton-Kettering, OH
#28. Montrose-Ghent
– Typical home value: $499,580
– 1-year price change: +5.1%
– 5-year price change: +41.3%
– Metro area: Akron, OH
#27. Granville
– Typical home value: $502,816
– 1-year price change: +4.8%
– 5-year price change: +55.0%
– Metro area: Columbus, OH
#26. Orange
– Typical home value: $511,490
– 1-year price change: +6.0%
– 5-year price change: +37.2%
– Metro area: Cleveland-Elyria, OH
You may also like: Movies and TV shows casting in Ohio
#25. Boston Heights
– Typical home value: $513,399
– 1-year price change: +2.3%
– 5-year price change: +35.5%
– Metro area: Akron, OH
#24. Hudson
– Typical home value: $516,793
– 1-year price change: +4.1%
– 5-year price change: +41.9%
– Metro area: Akron, OH
Cities with the most expensive homes in Ohio #23. Grandview Heights
– Typical home value: $518,780
– 1-year price change: +1.0%
– 5-year price change: +28.4%
– Metro area: Columbus, OH
#22. Plain City
– Typical home value: $519,312
– 1-year price change: +4.4%
– 5-year price change: +46.3%
– Metro area: Columbus, OH
#21. Dry Run
– Typical home value: $522,004
– 1-year price change: +4.5%
– 5-year price change: +44.8%
– Metro area: Cincinnati, OH-KY-IN
#20. Bexley
– Typical home value: $543,268
– 1-year price change: +4.3%
– 5-year price change: +40.8%
– Metro area: Columbus, OH
#19. Dublin
– Typical home value: $545,592
– 1-year price change: +5.0%
– 5-year price change: +47.5%
– Metro area: Columbus, OH
#18. Amberley
– Typical home value: $550,142
– 1-year price change: +6.3%
– 5-year price change: +54.0%
– Metro area: Cincinnati, OH-KY-IN
#17. Powell
– Typical home value: $550,383
– 1-year price change: +2.5%
– 5-year price change: +42.9%
– Metro area: Columbus, OH
#16. Riverlea
– Typical home value: $552,052
– 1-year price change: +3.7%
– 5-year price change: +42.1%
– Metro area: Columbus, OH
#15. Hills and Dales
– Typical home value: $552,778
– 1-year price change: +2.6%
– 5-year price change: +41.0%
– Metro area: Canton-Massillon, OH
#14. Upper Arlington
– Typical home value: $596,805
– 1-year price change: +4.7%
– 5-year price change: +42.8%
– Metro area: Columbus, OH
#13. New Albany
– Typical home value: $600,449
– 1-year price change: +6.5%
– 5-year price change: +51.9%
– Metro area: Columbus, OH
#12. Galena
– Typical home value: $608,397
– 1-year price change: +3.3%
– 5-year price change: +46.8%
– Metro area: Columbus, OH
#11. Montgomery
– Typical home value: $623,876
– 1-year price change: +6.2%
– 5-year price change: +43.1%
– Metro area: Cincinnati, OH-KY-IN
#10. Pepper Pike
– Typical home value: $649,318
– 1-year price change: +5.8%
– 5-year price change: +39.8%
– Metro area: Cleveland-Elyria, OH
Counties with the shortest life expectancy in Ohio #9. Moreland Hills
– Typical home value: $673,070
– 1-year price change: +7.5%
– 5-year price change: +46.2%
– Metro area: Cleveland-Elyria, OH
#8. Gates Mills
– Typical home value: $709,272
– 1-year price change: +6.5%
– 5-year price change: +39.8%
– Metro area: Cleveland-Elyria, OH
#7. Terrace Park
– Typical home value: $711,325
– 1-year price change: +4.7%
– 5-year price change: +44.4%
– Metro area: Cincinnati, OH-KY-IN
#6. Kirtland Hills
– Typical home value: $744,711
– 1-year price change: +8.1%
– 5-year price change: +48.3%
– Metro area: Cleveland-Elyria, OH
#5. Waite Hill
– Typical home value: $752,785
– 1-year price change: +9.4%
– 5-year price change: +41.6%
– Metro area: Cleveland-Elyria, OH
#4. Marble Cliff
– Typical home value: $761,704
– 1-year price change: +0.8%
– 5-year price change: +34.0%
– Metro area: Columbus, OH
#3. Bentleyville
– Typical home value: $793,664
– 1-year price change: +6.9%
– 5-year price change: +39.5%
– Metro area: Cleveland-Elyria, OH
List: The fastest growing jobs in Ohio right now #2. Hunting Valley
– Typical home value: $1,530,086
– 1-year price change: +9.9%
– 5-year price change: +35.9%
– Metro area: Cleveland-Elyria, OH
#1. The Village of Indian Hill
– Typical home value: $1,547,682
– 1-year price change: +5.4%
– 5-year price change: +48.3%
– Metro area: Cincinnati, OH-KY-IN
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.
Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to Fox 8 Cleveland WJW.
Most Popular
Comments / 0