McConnelsville, 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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

McConnelsville, OH Housing Market Trends

With 1,667 people, 987 houses or apartments, and a median cost of homes of $123,120, house prices in McConnelsville are some of the most affordable in Ohio as well as the nation.

Single-family detached homes are the single most common housing type in McConnelsville, accounting for 66.38% of the village's housing units. Other types of housing that are prevalent in McConnelsville include duplexes, homes converted to apartments or other small apartment buildings ( 15.49%), large apartment complexes or high rise apartments ( 11.43%), and a few mobile homes or trailers ( 5.95%).

The most prevalent building size and type in McConnelsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 48.94% owning and 51.06% renting.

The housing in McConnelsville was primarily built before 1939 ( 39.47%), making the housing stock in McConnelsville some of the oldest overall in America, although there is a range of ages of homes in McConnelsville. The next most important housing age is between 1940-1969 ( 30.22%), followed by between 1970-1999 ( 22.95%). There's also some housing in McConnelsville built between 2000 and later ( 7.37%).

McConnelsville Home Appreciation Rates

Real estate appreciation rates in McConnelsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 4.43% during the period.

NeighborhoodScout's data show that during the latest twelve months, McConnelsville's appreciation rate, at 17.61%, has been at or slightly above the national average. In the latest quarter, McConnelsville's appreciation rate has been 7.00%, which annualizes to a rate of 31.09%.

Relative to Ohio, our data show that McConnelsville's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$123,120

McConnelsville, OH HOME PRICES

> $1,294,000
$970,001 - $1,294,000
$647,001 - $970,000
$517,001 - $647,000
$388,001 - $517,000
$259,001 - $388,000
$129,001 - $259,000
$64,001 - $129,000
$0 - $64,000
2.0%
2.0%
0.0%
0.0%
0.4%
0.4%
0.0%
0.0%
1.0%
1.0%
5.3%
5.3%
36.2%
36.2%
40.9%
40.9%
14.2%
14.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for OH

Value Relative To Nation

Number Of Homes And Apartments:
987

McConnelsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
71.48% 2.48%
7
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$849 / per month

Homeownership Rate

Owners
Renters
Vacant
48.9%
48.9%
51.1%
51.1%
6.8%
6.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.4%
7.4%
22.9%
22.9%
30.2%
30.2%
39.5%
39.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.4%
66.4%
0.8%
0.8%
15.5%
15.5%
11.4%
11.4%
5.9%
5.9%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.6%
2.6%
14.1%
14.1%
19.5%
19.5%
55.0%
55.0%
7.8%
7.8%
0.9%
0.9%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in McConnelsville

Zip Codes in McConnelsville, OH