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 10,621 people, 4,085 houses or apartments, and a median cost of homes of $312,528, Heath real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Heath, accounting for 61.82% of the city's housing units. Other types of housing that are prevalent in Heath include duplexes, homes converted to apartments or other small apartment buildings ( 15.33%), mobile homes or trailers ( 9.32%), and a few large apartment complexes or high rise apartments ( 9.08%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Heath. Owner-occupied housing accounts for 70.43% of Heath's homes, and 68.04% have either three or four bedrooms, which is average sized relative to America.
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. Heath's housing was primarily built during this period, from the '40s through the '60s. A full 38.25% of the city's housing hails from this era. Other housing ages represented in Heath include homes built between 1970-1999 ( 34.92%) and housing constructed between 2000 and later ( 24.32%). There's also some housing in Heath built before 1939 ( 2.52%).
Appreciation rates for homes in Heath have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.18%, which ranks in the top 30% nationwide. This equates to an annual average Heath house appreciation rate of 7.56%.
NeighborhoodScout's data show that during the latest twelve months, Heath's appreciation rate, at 6.50%, has been at or slightly above the national average. In the latest quarter, Heath's appreciation rate has been 1.53%, which annualizes to a rate of 6.27%.
Relative to Ohio, our data show that Heath's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.
$312,528
for Ohio
for nation
4,085
$1,611 / per month