Cinnamon Lake, OH is an area with a thriving housing market that has seen significant growth over the past year. The median value of homes in Cinnamon Lake is $153,500, which is significantly lower than the US median value of $338,100. However, the area has experienced an impressive house appreciation rate of 11.04% over the past year, compared to the US average of 8.27%. This indicates that Cinnamon Lake is a great place to invest in real estate and enjoy rising home values.
The median home cost in Cinnamon Lake is $153,500. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Cinnamon Lake is up 14.6%.
Average Age of Homes
- The median age of Cinnamon Lake real estate is 29 years old
The Rental Market in Cinnamon Lake
- Renters make up 9.7% of the Cinnamon Lake population
- 0.0% of houses and apartments in Cinnamon 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.