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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.



Mount Orab, 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

Mount Orab, OH Housing Market Trends

With a population of 4,337, 1,744 total housing units (homes and apartments), and a median house value of $280,343, Mount Orab 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 Mount Orab, accounting for 61.58% of the village's housing units. Other types of housing that are prevalent in Mount Orab include duplexes, homes converted to apartments or other small apartment buildings ( 13.41%), large apartment complexes or high rise apartments ( 13.35%), and a few row houses and other attached homes ( 8.07%).

The most prevalent building size and type in Mount Orab are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 54.31% owning and 45.69% renting.

Mount Orab homes and real estate are some of the newest in America. 37.87% of Mount Orab's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Mount Orab real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.68%), and between 1940-1969 ( 23.32%). There's also some housing in Mount Orab built before 1939 ( 8.12%).

Mount Orab Home Appreciation Rates

Appreciation rates for homes in Mount Orab have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 104.10%, which ranks in the top 40% nationwide. This equates to an annual average Mount Orab house appreciation rate of 7.40%.

Over the last year, Mount Orab appreciation rates have trailed the rest of the nation. In the last twelve months, Mount Orab's appreciation rate has been 4.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Orab were at 1.53%, which equates to an annual appreciation rate of 6.27%.

Relative to Ohio, our data show that Mount Orab's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$280,343

Mount Orab, OH Home Prices
> $1,388,000
$1,041,001 - $1,388,000
$694,001 - $1,041,000
$555,001 - $694,000
$417,001 - $555,000
$278,001 - $417,000
$139,001 - $278,000
$69,001 - $139,000
$0 - $69,000
0.0%
0.0%
0.0%
0.0%
0.1%
0.1%
1.3%
1.3%
7.2%
7.2%
33.5%
33.5%
43.7%
43.7%
6.4%
6.4%
7.8%
7.8%
0% 100.0%
% of Homes
High

for Ohio

Average

for nation

Number of Homes And Apartments:

1,744

Mount Orab Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,291 / per month

Homeownership Rate

Owners
Renters
54.3%
54.3%
45.7%
45.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.0%
5.0%
95.0%
95.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
37.9%
37.9%
30.7%
30.7%
23.3%
23.3%
8.1%
8.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.6%
61.6%
8.1%
8.1%
13.4%
13.4%
13.4%
13.4%
3.6%
3.6%
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
3.3%
3.3%
16.2%
16.2%
20.7%
20.7%
42.8%
42.8%
16.5%
16.5%
0.5%
0.5%
0% 100.0%
% of Homes