Change in home values in Ohio’s ten largest cities, 2007-13
(not adjusted for inflation)

Cities

2007

2013

Change,
2007-13

Akron

$86,900

$83,000

-4.50%

Canton

$77,750

$75,500

-2.90%

Cincinnati

$132,000

$159,000

20. 5%

Cleveland

$91,000

$79,125

-13.10%

Columbus

$132,000

$144,000

9.10%

Dayton
Lorain

$76,900
$93,600

$78,000
$82,500

1.40%
-11.90%

Parma

$124,900

$99,000

-20.70%

Toledo

$92,500

$84,000

-9.20%

Youngstown

$48,000

$38,500

-19.80%

Source: Policy Matters Ohio analysis of Ohio Department of Taxation Residential Sales Data at
http://www.tax.ohio.gov/tax_analysis/tax_data_series/real_property/RESIDENTIAL_SALES_DATA.aspx Note: Not all sales are included in this data. Data
excludes sales due to foreclosure, sales between family members, sales where only a portion of a parcel is part of the transaction, and other sales that are not
deemed arm’s-length transactions by a willing seller. In addition, sales where the price of the transaction differs from the market value for tax purposes by more
than 50 percent are also excluded.