The housing market in Mansfield, OH Metro Area is thriving. The median value of homes in the area is $152,100 which is much lower than the US median value of $338,100. This is a great opportunity for those looking to buy a home in the area as it has one of the highest 1 year house appreciation rates - 11.63%. This rate is significantly higher than the US average of 8.27%, making Mansfield an attractive place to invest in property and build equity.
The median home cost in Mansfield Metro Area is $152,100. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Mansfield Metro Area is up 17.0%.
Average Age of Homes
- The median age of Mansfield Metro Area real estate is 55 years old
The Rental Market in Mansfield Metro Area
- Renters make up 27.6% of the Mansfield Metro Area population
- 1.4% of houses and apartments in Mansfield Metro Area, 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.