The housing market in Adena, OH is a strong one. The median value of homes in Adena is $62,300, which is far lower than the US median home value of $338,100. Despite this lower baseline value, the 1-year appreciation rate for homes in Adena is 12.74%, higher than the 8.27% rate seen across the US as a whole. This indicates that there is strong appreciation potential here and that prices are likely to continue to rise over time.
The median home cost in Adena is $62,300. Home appreciation the last 10 years has been 68.0%. Home Appreciation in Adena is up 12.7%.
Average Age of Homes
- The median age of Adena real estate is 78 years old
The Rental Market in Adena
- Renters make up 13.2% of the Adena population
- 1.2% of houses and apartments in Adena, 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.