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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.



Lewis Center, 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 2023. 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

Lewis Center, OH Housing Market Trends

With 24,016 people, 7,506 houses or apartments, and a median cost of homes of $586,209, Lewis Center house prices are not only among the most expensive in Ohio, Lewis Center real estate also is some of the most expensive in all of America.

Lewis Center is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Lewis Center than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lewis Center. Owner-occupied housing accounts for 93.24% of Lewis Center's homes, and 79.54% have either three or four bedrooms, which is average sized relative to America.

Lewis Center homes and real estate are some of the newest in America. 62.40% of Lewis Center's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Lewis Center real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.18%), and between 1940-1969 ( 2.06%).

Lewis Center Home Appreciation Rates

Real estate appreciation rates in Lewis Center's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.75% during the period.

NeighborhoodScout's data show that during the latest twelve months, Lewis Center's appreciation rate, at 5.53%, has been at or slightly above the national average. In the latest quarter, Lewis Center's appreciation rate has been -0.99%, which annualizes to a rate of -3.89%.

Notably, Lewis Center's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Lewis Center's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$586,209

Lewis Center, OH Home Prices
> $1,259,000
$944,001 - $1,259,000
$630,001 - $944,000
$504,001 - $630,000
$378,001 - $504,000
$252,001 - $378,000
$126,001 - $252,000
$63,001 - $126,000
$0 - $63,000
0.4%
0.4%
1.4%
1.4%
22.1%
22.1%
37.9%
37.9%
25.1%
25.1%
9.0%
9.0%
0.6%
0.6%
1.7%
1.7%
1.9%
1.9%
0% 100.0%
% of Homes
Very High

for Ohio

Very High

for nation

Number of Homes And Apartments:

7,506

Lewis Center Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,767 / per month

Homeownership Rate

Owners
Renters
93.2%
93.2%
6.8%
6.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.1%
1.1%
98.9%
98.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
62.4%
62.4%
35.2%
35.2%
2.1%
2.1%
0.4%
0.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
89.8%
89.8%
4.5%
4.5%
1.1%
1.1%
4.5%
4.5%
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
0.6%
0.6%
1.2%
1.2%
7.6%
7.6%
22.6%
22.6%
56.9%
56.9%
11.0%
11.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Lewis Center

Zip Codes in Lewis Center, OH