The Village of Indian Hill, 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 Q1 2022. 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

The Village of Indian Hill, OH Housing Market Trends

With 6,087 people, 2,185 houses or apartments, and a median cost of homes of $852,103, The Village of Indian Hill house prices are not only among the most expensive in Ohio, The Village of Indian Hill real estate also is some of the most expensive in all of America.

The Village of Indian Hill is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in The Village of Indian Hill than is found in 98% of the communities in America.

The large homes that make up The Village of Indian Hill are primarily owner-occupied ( 98.26%).

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. The Village of Indian Hill's housing was primarily built during this period, from the '40s through the '60s. A full 44.28% of the city's housing hails from this era. Other housing ages represented in The Village of Indian Hill include homes built between 1970-1999 ( 34.90%) and housing constructed between 2000 and later ( 14.00%). There's also some housing in The Village of Indian Hill built before 1939 ( 6.81%).

The Village of Indian Hill Home Appreciation Rates

The Village of Indian Hill's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in The Village of Indian Hill during the period has been just 3.81%, which is lower than 70% of US communities.

Over the last year, The Village of Indian Hill appreciation rates have trailed the rest of the nation. In the last twelve months, The Village of Indian Hill's appreciation rate has been 9.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in The Village of Indian Hill were at 1.67%, which equates to an annual appreciation rate of 6.85%.

Relative to Ohio, our data show that The Village of Indian Hill's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$852,103

The Village of Indian Hill, OH HOME PRICES

> $1,133,000
$850,001 - $1,133,000
$567,001 - $850,000
$453,001 - $567,000
$340,001 - $453,000
$227,001 - $340,000
$114,001 - $227,000
$57,001 - $114,000
$0 - $57,000
32.4%
32.4%
26.0%
26.0%
16.9%
16.9%
7.2%
7.2%
1.6%
1.6%
3.6%
3.6%
5.9%
5.9%
1.7%
1.7%
4.8%
4.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for OH

Value Relative To Nation

Number Of Homes And Apartments:
2,185

The Village of Indian Hill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
74.58% 2.54%
7
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,513 / per month

Homeownership Rate

Owners
Renters
Vacant
98.3%
98.3%
1.7%
1.7%
6.4%
6.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.0%
14.0%
34.9%
34.9%
44.3%
44.3%
6.8%
6.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
99.4%
99.4%
0.6%
0.6%
0.0%
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%
0.5%
0.5%
4.5%
4.5%
23.8%
23.8%
40.3%
40.3%
30.8%
30.8%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in The Village of Indian Hill

Zip Codes in The Village of Indian Hill, OH