menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Mogadore, 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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Mogadore, OH Housing Market Trends

With 3,785 people, 462 houses or apartments, and a median cost of homes of $209,718, house prices in Mogadore are solidly below the national average.

Single-family detached homes are the single most common housing type in Mogadore, accounting for 91.34% of the village's housing units. Other types of housing that are prevalent in Mogadore include row houses and other attached homes ( 8.66%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mogadore. Owner-occupied housing accounts for 96.10% of Mogadore's homes, and 57.14% 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. Mogadore's housing was primarily built during this period, from the '40s through the '60s. A full 50.87% of the village's housing hails from this era. Other housing ages represented in Mogadore include homes built between 2000 and later ( 29.44%) and housing constructed before 1939 ( 13.85%). There's also some housing in Mogadore built between 1970-1999 ( 5.84%).

Mogadore Home Appreciation Rates

Real estate appreciation rates in Mogadore's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.43% during the period.

Appreciation rates are so strong in Mogadore that despite a nationwide downturn in the housing market, Mogadore real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mogadore appreciation rates continue to be some of the highest in America, at 8.70%, which is higher than appreciation rates in 77.93% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mogadore. Mogadore appreciation rates in the latest quarter were at 1.45%, which equates to an annual appreciation rate of 5.93%.

Relative to Ohio, our data show that Mogadore's latest annual appreciation rate is higher than 60% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$209,718

Mogadore, OH Home Prices
> $1,381,000
$1,036,001 - $1,381,000
$690,001 - $1,036,000
$552,001 - $690,000
$414,001 - $552,000
$276,001 - $414,000
$138,001 - $276,000
$69,001 - $138,000
$0 - $69,000
0.1%
0.1%
0.2%
0.2%
0.5%
0.5%
0.3%
0.3%
3.2%
3.2%
17.8%
17.8%
66.0%
66.0%
6.1%
6.1%
5.8%
5.8%
0% 100.0%
% of Homes
Low

for Ohio

Low

for nation

Number of Homes And Apartments:

462

Mogadore Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,264 / per month

Homeownership Rate

Owners
Renters
96.1%
96.1%
3.9%
3.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.0%
0.0%
100.0%
100.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
29.4%
29.4%
5.8%
5.8%
50.9%
50.9%
13.9%
13.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
91.3%
91.3%
8.7%
8.7%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
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
0.0%
0.0%
0.0%
0.0%
41.3%
41.3%
47.0%
47.0%
10.2%
10.2%
1.5%
1.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Mogadore

Zip Codes in Mogadore, OH