The housing in Commercial Point, OH is quite valuable, with the median value being $367,100. This is higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate for Commercial Point is 13.57%, which is substantially higher than the national average of 8.27%. This indicates that investing in housing in Commercial Point may be a sound investment choice for those looking to buy real estate in this area.
The median home cost in Commercial Point is $367,100. Home appreciation the last 10 years has been 104.5%. Home Appreciation in Commercial Point is up 17.1%.
Average Age of Homes
- The median age of Commercial Point real estate is 16 years old
The Rental Market in Commercial Point
- Renters make up 14.4% of the Commercial Point population
- 2.3% of houses and apartments in Commercial Point, 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.