The housing market in the Wilmington, OH Metro Area is thriving. The median value of homes in the area is $189,900 - significantly less than the US median of $338,100. In addition, 1 year home appreciation in the area is 12.74% - higher than the US average of 8.27%. Thus, it appears that housing prices in this area are increasing at a faster rate than in other parts of the country. This makes Wilmington an attractive option for people looking to purchase a home in Ohio.
The median home cost in Wilmington Metro Area is $189,900. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Wilmington Metro Area is up 15.4%.
Average Age of Homes
- The median age of Wilmington Metro Area real estate is 41 years old
The Rental Market in Wilmington Metro Area
- Renters make up 30.9% of the Wilmington Metro Area population
- 1.3% of houses and apartments in Wilmington 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.