Choctaw Lake, OH has an impressive median home value of $389,200, which is significantly higher than the national median of $338,100. This means that those looking to invest in property in this area can expect a return on their investment. Additionally, Choctaw Lake has experienced an above-average appreciation rate over the past year at 13.57%, compared to 8.27% nationally. This makes Choctaw Lake an ideal place for people looking to purchase a home for both long-term investment and short-term gain.
The median home cost in Choctaw Lake is $389,200. Home appreciation the last 10 years has been 104.5%. Home Appreciation in Choctaw Lake is up 17.1%.
Average Age of Homes
- The median age of Choctaw Lake real estate is 38 years old
The Rental Market in Choctaw Lake
- Renters make up 5.8% of the Choctaw Lake population
- 0.0% of houses and apartments in Choctaw Lake, 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.