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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Avon, OH Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Avon, OH Housing Market Trends

With 25,375 people, 9,129 houses or apartments, and a median cost of homes of $517,556, Avon real estate is some of the most expensive in Ohio, although Avon home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Avon, accounting for 77.38% of the city's housing units. Other types of housing that are prevalent in Avon include row houses and other attached homes ( 13.13%), large apartment complexes or high rise apartments ( 5.50%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Avon. Owner-occupied housing accounts for 86.10% of Avon's homes, and 68.84% have either three or four bedrooms, which is average sized relative to America.

Avon homes and real estate are some of the newest in America. 51.90% of Avon's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Avon real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.77%), and between 1940-1969 ( 13.85%). There's also some housing in Avon built before 1939 ( 1.47%).

Avon Home Appreciation Rates

Real estate appreciation rates in Avon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.86% during the period.

NeighborhoodScout's data show that during the latest twelve months, Avon's appreciation rate, at 5.03%, has been at or slightly above the national average. In the latest quarter, Avon's appreciation rate has been -0.78%, which annualizes to a rate of -3.07%.

Notably, Avon's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Avon's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$517,556

Avon, OH Home Prices
> $1,297,000
$973,001 - $1,297,000
$648,001 - $973,000
$519,001 - $648,000
$389,001 - $519,000
$259,001 - $389,000
$130,001 - $259,000
$65,001 - $130,000
$0 - $65,000
0.1%
0.1%
1.6%
1.6%
13.0%
13.0%
23.0%
23.0%
32.5%
32.5%
12.1%
12.1%
15.8%
15.8%
0.2%
0.2%
1.6%
1.6%
0% 100.0%
% of Homes
Very High

for Ohio

Very High

for nation

Number of Homes And Apartments:

9,129

Avon Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,409 / per month

Homeownership Rate

Owners
Renters
86.1%
86.1%
13.9%
13.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.8%
4.8%
95.2%
95.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
51.9%
51.9%
32.8%
32.8%
13.9%
13.9%
1.5%
1.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
77.4%
77.4%
13.1%
13.1%
3.8%
3.8%
5.5%
5.5%
0.2%
0.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
3.6%
3.6%
20.9%
20.9%
27.1%
27.1%
41.8%
41.8%
6.4%
6.4%
0% 100.0%
% of Homes