The housing market in Wilmington, OH is strong. The median value of a house in the town is $209,400, which is significantly lower than the US House Median Value of $338,100. This creates a great opportunity for potential homeowners to purchase homes at more affordable prices. Additionally, the 1 year house appreciation rate for houses in Wilmington is 13.22%, much higher than the national average of 8.27%. This highlights the strength and stability of the housing market in Wilmington, OH and shows that it is an excellent place to invest in real estate.
The median home cost in Wilmington is $209,400. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Wilmington is up 15.4%.
Average Age of Homes
- The median age of Wilmington real estate is 45 years old
The Rental Market in Wilmington
- Renters make up 49.6% of the Wilmington population
- 3.3% of houses and apartments in Wilmington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.