Portsmouth, OH has a housing median value of $81,000, which is significantly lower than the US house median of $338,100. Despite this fact, housing in Portsmouth has seen an appreciation over the past year of 11.89%, which is higher than the US house appreciation rate of 8.27%. This indicates that Portsmouth is becoming an attractive market for home buyers and real estate investors alike.
The median home cost in Portsmouth is $81,000. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Portsmouth is up 13.7%.
Average Age of Homes
- The median age of Portsmouth real estate is 75 years old
The Rental Market in Portsmouth
- Renters make up 39.8% of the Portsmouth population
- 2.5% of houses and apartments in Portsmouth, 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.