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 a population of 14,999, 6,434 total housing units (homes and apartments), and a median house value of $223,657, house prices in Vandalia are solidly below the national average.
Single-family detached homes are the single most common housing type in Vandalia, accounting for 68.57% of the city's housing units. Other types of housing that are prevalent in Vandalia include duplexes, homes converted to apartments or other small apartment buildings ( 16.25%), large apartment complexes or high rise apartments ( 10.30%), and a few row houses and other attached homes ( 4.88%).
The most prevalent building size and type in Vandalia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.36% owning and 39.64% renting.
There is a lot of housing in Vandalia 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 Vandalia built between 1940-1969 ( 42.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.67%). There's also some housing in Vandalia built before 1939 ( 2.26%).
Appreciation rates for homes in Vandalia have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.15%, which ranks in the top 50% nationwide. This equates to an annual average Vandalia house appreciation rate of 6.91%.
Over the last year, Vandalia appreciation rates have trailed the rest of the nation. In the last twelve months, Vandalia's appreciation rate has been 3.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vandalia were at 2.95%, which equates to an annual appreciation rate of 12.32%.
Relative to Ohio, our data show that Vandalia's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.
$223,657
for Ohio
for nation
6,434
$1,279 / per month