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 2,753 people, 1,318 houses or apartments, and a median cost of homes of $231,128, house prices in Middlefield are solidly below the national average.
Single-family detached homes are the single most common housing type in Middlefield, accounting for 56.53% of the village's housing units. Other types of housing that are prevalent in Middlefield include large apartment complexes or high rise apartments ( 24.77%), row houses and other attached homes ( 10.44%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.26%).
People in Middlefield primarily live in small (one, two or no bedroom) single-family detached homes. Middlefield has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Middlefield 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 Middlefield built before 1939 ( 22.37%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.24%). There's also some housing in Middlefield built between 1940-1969 ( 15.77%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Middlefield, where house values have increased just 43.18%, which is annualized rate of 3.65%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Middlefield appreciation rates have trailed the rest of the nation. In the last twelve months, Middlefield's appreciation rate has been 1.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Middlefield were at 0.89%, which equates to an annual appreciation rate of 3.60%.
Relative to Ohio, our data show that Middlefield's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.
$231,128
for Ohio
for nation
1,318
$1,232 / per month