Housing Costs In Brunswick, Ohio

The average house cost in Brunswick, Ohio varies depending on the source and the timeframe. According to one source, the median home price in Brunswick was $302,066 in March 2024, up 13% from the previous year. Another source claims that the median listing home price in Brunswick was $359.9K in March 2023, representing a year-over-year increase of 34.6%. A third source states that the median sale price of a home in Brunswick was $325K in February 2024, which is a 32.7% increase since the previous year. The average cost of a single-family home in Brunswick, Ohio, in 2024 is estimated to be $248,091, making it the highest in the state.

Median house price in Brunswick, OH

The median house price in Brunswick, OH, varies depending on the source and the timeframe. According to Rocket Homes, the median home sold price in Brunswick was $302,066 in March 2024, up 13% from the previous year. On the other hand, Redfin reports that the median sale price of a home in Brunswick was $325,000 in February 2024, representing a 32.7% increase year-over-year.

In terms of price per square foot, Redfin states that the median sale price per square foot in Brunswick is $178 as of February 2024, a 2.9% increase from the previous year.

Looking at a longer timeframe, Realtor.com reports that the median listing home price in Brunswick, OH, was $359,900 in March 2023, trending up 34.6% year-over-year. The median listing home price per square foot was $146 during the same period.

It's worth noting that Brunswick, OH, is considered a seller's market, indicating that there are more people looking to buy than there are homes available. This competitive market dynamic can influence the median house prices.

Median house price per square foot

The median sale price per square foot for a home in Brunswick, Ohio, is $178, according to Redfin. This is up 2.9% since last year.

In March 2024, Rocket Homes reported that the median price per square foot in Brunswick was $140. This is based on all homes sold in the last 12 months.

The average cost of a single-family home in Brunswick, Ohio, in 2024 is $248,091, according to Dwellics.

Zumper reports that as of April 2024, the median rent for all bedroom counts and property types in Brunswick, OH is $1,440.

Average rent price

The average rent price in Brunswick, Ohio, varies depending on several factors, including location, size, and quality. As of April 2024, the median rent for all bedroom counts and property types is $1,440, which is 26% lower than the national average. The average rent for an apartment is $1,170 for 984 square feet, but this number can vary. For instance, a 1-bedroom apartment costs on average $1,149, while a 2-bedroom apartment is $1,507. Houses for rent are more expensive, with an average monthly cost of $2,080.

Rent prices in Brunswick, OH, have decreased by 9% in the last month and by 36% in the last year. However, compared to a year ago, apartments in Brunswick, Ohio, have recorded a 10.3% rent increase. The bulk of rentals (51.94%) are priced between $1,000 and $1,500, while condos priced at $500-$700 hold the lowest share of the market at 0.6%.

The cost of living in Brunswick, Ohio, is considered low, while the median household income is $70,384, which is high. In terms of housing, Brunswick has a high rate of homeownership, with 74% of the population owning their homes and 26% renting. The average cost of a single-family home in Brunswick is $248,091, which is the highest in Ohio.

Sales tax rate

The sales tax rate in Brunswick, Ohio, is 6.75%, which consists of 5.75% Ohio state sales tax and 1% Medina County sales tax. This sales tax rate is applicable in the zip code 44212.

The sales tax rate in Brunswick is determined by the exact street address, and the jurisdiction-specific rates shown add up to the minimum combined sales tax rate. The total rate for a specific address could be more than this minimum.

The sales tax rate in Brunswick, Ohio, was also 6.75% in December 2020.

Average utility expenses

The average cost of a single-family home in Brunswick, Ohio, is $248,091, while the median home sold price was $302,066 in March 2024. The median sale price of a home in Brunswick was $325,000 last month, up 32.7% since last year. The average one-bedroom apartment in Brunswick costs around $1,000 per month.

When it comes to utility expenses, here is an overview:

• Electricity: In December 2023, residential electricity prices in Brunswick averaged approximately 15.69 cents per kilowatt-hour. The average price has since increased to 20.70 cents per kilowatt-hour, with Brunswick residents paying around $149.46 for their electricity each month.
• Natural Gas: Residential natural gas prices in Brunswick averaged $10.00 per thousand cubic feet in December 2023, which was 23% less than the national average.
• Solar Power: Brunswick has an average annual solar radiation value of 4.5 kilowatt-hours per square meter per day.

While specific data on water and sewer bills for Brunswick is not readily available, it is mentioned that these expenses are factors in the overall cost of living. The cost of living in Brunswick, Ohio, is considered low, and the median household income is $70,384, which is high compared to the US and Ohio.

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