Blacklick Estates, Ohio Real Estate & Housing Market

Blacklick Estates, OH Listings

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Blacklick Estates Housing Information

Index	Blacklick Estates	Ohio	National
Median home price	$89,500	$131,900	$184,700
Median rent asked	$1,040	$743	$949
Avg. people per household	2.8	2.4	2.6
Owner occupied households	63.7%	66.0%	63.6%
Renter occupied households	36.3%	34.0%	36.4%

A general summary of the real estate market in Blacklick Estates, OH is listed above. Properties in Blacklick Estates, OH average a cost of $89,500, which is 32% lower than the median home price for real estate located in Ohio. This means that the region of Blacklick Estates, OH is, on average, more affordable when compared to the remainder of Ohio. Since tenants living in Blacklick Estates, OH will pay an average of $1,040, the median rental cost is 40% higher than in Ohio. 63.7% of people in Blacklick Estates, OH own their own homes, and an average of 2.8 people inhabit each property. Blacklick Estates, OH has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Blacklick Estates Home Affordability

When starting your search for real estate in Blacklick Estates, OH, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Blacklick Estates, OH costs $89,500 while each household has an average income of $48,538. Consequently, the ratio of home price to household income is 1.8x; this ratio is 29% lower than the average in Ohio. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Blacklick Estates, OH. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Blacklick Estates, OH.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Urbancrest, OH	894	$76,500	59%
Whitehall, OH	18,596	$83,200	55%
Valleyview, OH	623	$90,000	51%
Lincoln Village, OH	9,882	$90,800	51%
Brice, OH	123	$92,200	50%
Blacklick Estates, OH	9,022	$89,500	52%

Cities with similar population

City, State	Population	Home Price	National Avg.
Exeter, NH	9,022	$228,900	24%
Bay Minette, AL	9,019	$119,400	35%
Tega Cay, SC	9,026	$301,200	63%
Pine Lake Park, NJ	9,016	$240,400	30%
Covington, TN	9,016	$98,000	47%
Blacklick Estates, OH	9,022	$89,500	52%

Source: The Blacklick Estates, OH housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).