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 19,635 people, 8,396 houses or apartments, and a median cost of homes of $362,896, Broadview Heights real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Broadview Heights, accounting for 68.58% of the city's housing units. Other types of housing that are prevalent in Broadview Heights include large apartment complexes or high rise apartments ( 21.65%), row houses and other attached homes ( 7.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.12%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Broadview Heights. Owner-occupied housing accounts for 82.59% of Broadview Heights's homes, and 62.81% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Broadview Heights 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 Broadview Heights built between 1940-1969 ( 28.92%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.09%). There's also some housing in Broadview Heights built before 1939 ( 1.80%).
Broadview Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Broadview Heights during the period has been just 5.02%, which is lower than 80% of US communities.
Over the last year, Broadview Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Broadview Heights's appreciation rate has been 3.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Broadview Heights were at 0.89%, which equates to an annual appreciation rate of 3.60%.
Relative to Ohio, our data show that Broadview Heights's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.
$362,896
for Ohio
for nation
8,396
$1,977 / per month