Cities with the fastest growing home prices in Springfield, Ohio metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Springfield, Ohio metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Springfield, OH metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 10 cities and towns with data available were included in the list.

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1 / 10
Stacker

#10. Lawrenceville, Lawrenceville

- 1-year price change: +$11,578 (+8.1%)
- 5-year price change: +$169,680 (data not available)
- Typical home value: $154,630 (#8 most expensive city in metro)
2 / 10
Stacker

#9. North Hampton, North Hampton

- 1-year price change: +$11,663 (+9.1%)
- 5-year price change: +$169,680 (data not available)
- Typical home value: $139,541 (#10 most expensive city in metro)
3 / 10
Stacker

#8. Springfield, Springfield

- 1-year price change: +$14,254 (+10.1%)
- 5-year price change: +$54,150 (+53.9%)
- Typical home value: $154,705 (#7 most expensive city in metro)
4 / 10
Stacker

#7. Park Layne, Park Layne

- 1-year price change: +$15,254 (+11.1%)
- 5-year price change: +$58,191 (+61.7%)
- Typical home value: $152,555 (#9 most expensive city in metro)
5 / 10
Stacker

#6. Medway, Medway

- 1-year price change: +$15,460 (+10.9%)
- 5-year price change: +$58,851 (+59.8%)
- Typical home value: $157,226 (#6 most expensive city in metro)

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6 / 10
Stacker

#5. Enon, Enon

- 1-year price change: +$18,221 (+9.7%)
- 5-year price change: +$73,179 (+55.3%)
- Typical home value: $205,452 (#4 most expensive city in metro)
7 / 10
Stacker

#4. Donnelsville, Donnelsville

- 1-year price change: +$22,512 (+16.5%)
- 5-year price change: +$52,995 (+49.9%)
- Typical home value: $159,233 (#5 most expensive city in metro)
8 / 10
Stacker

#3. New Carlisle, New Carlisle

- 1-year price change: +$23,334 (+12.3%)
- 5-year price change: +$77,647 (+57.1%)
- Typical home value: $213,577 (#3 most expensive city in metro)
9 / 10
Stacker

#2. South Charleston, South Charleston

- 1-year price change: +$27,651 (+13.0%)
- 5-year price change: +$89,436 (+59.4%)
- Typical home value: $240,082 (#2 most expensive city in metro)
10 / 10
Stacker

#1. South Vienna, South Vienna

- 1-year price change: +$28,244 (+11.7%)
- 5-year price change: +$97,354 (+56.5%)
- Typical home value: $269,805 (#1 most expensive city in metro)

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