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 8,340 people, 2,575 houses or apartments, and a median cost of homes of $613,994, Sunbury house prices are not only among the most expensive in Ohio, Sunbury real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Sunbury, accounting for 68.82% of the village's housing units. Other types of housing that are prevalent in Sunbury include large apartment complexes or high rise apartments ( 13.07%), duplexes, homes converted to apartments or other small apartment buildings ( 12.66%), and a few row houses and other attached homes ( 5.45%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sunbury. Owner-occupied housing accounts for 71.27% of Sunbury's homes, and 67.02% have either three or four bedrooms, which is average sized relative to America.
Sunbury homes and real estate are some of the newest in America. 58.98% of Sunbury'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 Sunbury real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 22.05%), and before 1939 ( 10.11%). There's also some housing in Sunbury built between 1940-1969 ( 8.87%).
Appreciation rates for homes in Sunbury have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.58%, which ranks in the top 30% nationwide. This equates to an annual average Sunbury house appreciation rate of 7.78%.
Appreciation rates are so strong in Sunbury that despite a nationwide downturn in the housing market, Sunbury real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sunbury appreciation rates continue to be some of the highest in America, at 6.94%, which is higher than appreciation rates in 87.65% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sunbury. Sunbury appreciation rates in the latest quarter were at 2.30%, which equates to an annual appreciation rate of 9.53%.
Importantly, this makes Sunbury one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to Ohio, our data show that Sunbury's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.
$613,994
for Ohio
for nation
2,575
$2,592 / per month