GARFIELD HEIGHTS HOUSING MARKET INFORMATION With a population of 28,900, 11,906 total housing units (homes and apartments), and a median house value of $128,016, house prices in Garfield Heights are some of the most affordable in Ohio as well as the nation. Single-family detached homes are the single most common housing type in Garfield Heights, accounting for 73.61% of the city's housing units. Other types of housing that are prevalent in Garfield Heights include large apartment complexes or high rise apartments ( 13.49%), duplexes, homes converted to apartments or other small apartment buildings ( 10.31%), and a few row houses and other attached homes ( 2.59%). The most prevalent building size and type in Garfield Heights are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.91% owning and 43.09% renting. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Garfield Heights's housing was primarily built during this period, from the '40s through the '60s. A full 57.49% of the city's housing hails from this era. Other housing ages represented in Garfield Heights include homes built before 1939 ( 24.34%) and housing constructed between 1970-1999 ( 13.80%). There's also some housing in Garfield Heights built between 2000 and later ( 4.37%). GARFIELD HEIGHTS HOME APPRECIATION RATES Appreciation rates for homes in Garfield Heights have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 97.88%, which ranks in the top 50% nationwide. This equates to an annual average Garfield Heights house appreciation rate of 7.06%. Appreciation rates are so strong in Garfield Heights that despite a nationwide downturn in the housing market, Garfield Heights real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Garfield Heights appreciation rates continue to be some of the highest in America, at 11.19%, which is higher than appreciation rates in 90.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Garfield Heights. Garfield Heights appreciation rates in the latest quarter were at 2.15%, which equates to an annual appreciation rate of 8.89%. Relative to Ohio, our data show that Garfield Heights's latest annual appreciation rate is higher than 90% 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 Garfield Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Garfield Heights - 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 Garfield Heights real estate investment or home purchase decisions.