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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.



Orrville, 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

Orrville, OH Housing Market Trends

With 8,430 people, 3,252 houses or apartments, and a median cost of homes of $229,389, house prices in Orrville are solidly below the national average.

Single-family detached homes are the single most common housing type in Orrville, accounting for 65.19% of the city's housing units. Other types of housing that are prevalent in Orrville include duplexes, homes converted to apartments or other small apartment buildings ( 14.67%), large apartment complexes or high rise apartments ( 10.71%), and a few row houses and other attached homes ( 5.64%).

The most prevalent building size and type in Orrville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.22% owning and 35.78% renting.

There is a lot of housing in Orrville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Orrville built between 1940-1969 ( 28.58%). A lesser amount of the housing stock also hails from before 1939 ( 21.00%). There's also some housing in Orrville built between 2000 and later ( 14.76%).

Orrville Home Appreciation Rates

Appreciation rates for homes in Orrville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.54%, which ranks in the top 40% nationwide. This equates to an annual average Orrville house appreciation rate of 7.05%.

Appreciation rates are so strong in Orrville that despite a nationwide downturn in the housing market, Orrville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Orrville appreciation rates continue to be some of the highest in America, at 10.01%, which is higher than appreciation rates in 87.34% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Orrville. Orrville appreciation rates in the latest quarter were at 1.02%, which equates to an annual appreciation rate of 4.15%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Orrville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Orrville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Orrville real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$229,389

Orrville, OH Home Prices
> $1,438,000
$1,079,001 - $1,438,000
$719,001 - $1,079,000
$575,001 - $719,000
$431,001 - $575,000
$288,001 - $431,000
$144,001 - $288,000
$72,001 - $144,000
$0 - $72,000
0.2%
0.2%
0.1%
0.1%
0.3%
0.3%
1.7%
1.7%
5.6%
5.6%
26.1%
26.1%
55.4%
55.4%
6.7%
6.7%
4.0%
4.0%
0% 100.0%
% of Homes
Average

for Ohio

Low

for nation

Number of Homes And Apartments:

3,252

Orrville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,236 / per month

Homeownership Rate

Owners
Renters
64.2%
64.2%
35.8%
35.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.4%
7.4%
92.6%
92.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.8%
14.8%
35.7%
35.7%
28.6%
28.6%
21.0%
21.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.2%
65.2%
5.6%
5.6%
14.7%
14.7%
10.7%
10.7%
3.8%
3.8%
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
1.6%
1.6%
8.2%
8.2%
26.8%
26.8%
46.2%
46.2%
14.1%
14.1%
3.0%
3.0%
0% 100.0%
% of Homes