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 6,763, 3,112 total housing units (homes and apartments), and a median house value of $303,295, Huron 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 Huron, accounting for 76.16% of the city's housing units. Other types of housing that are prevalent in Huron include large apartment complexes or high rise apartments ( 8.16%), duplexes, homes converted to apartments or other small apartment buildings ( 7.84%), and a few row houses and other attached homes ( 7.84%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Huron. Owner-occupied housing accounts for 75.16% of Huron's homes, and 63.49% 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. Huron's housing was primarily built during this period, from the '40s through the '60s. A full 41.01% of the city's housing hails from this era. Other housing ages represented in Huron include homes built between 1970-1999 ( 38.16%) and housing constructed before 1939 ( 18.88%). There's also some housing in Huron built between 2000 and later ( 1.95%).
Vacant housing appears to be an issue in Huron. Fully 15.60% of the housing stock is classified as vacant. Left unchecked, vacant Huron homes and apartments can be a drag on the real estate market, holding Huron 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.
Real estate appreciation rates in Huron's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.88% during the period.
NeighborhoodScout's data show that during the latest twelve months, Huron's appreciation rate, at 7.38%, has been at or slightly above the national average. In the latest quarter, Huron's appreciation rate has been 1.02%, which annualizes to a rate of 4.15%.
Relative to Ohio, our data show that Huron's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.
$303,295
for Ohio
for nation
3,112
$1,292 / per month