The housing market in Lowellville, OH is thriving. The median value of a house is currently $148,600 and is on the rise with an appreciation rate of 10.54% over the past year. This is higher than the national average of 8.27%, showing that housing in Lowellville is in a particularly strong position. Furthermore, it also far exceeds the US Housing Median Value of $338,100, making Lowellville a relatively affordable place to buy property. With continuing growth and appreciation occurring in the area, now is an excellent time to invest in real estate in Lowellville, OH.
The median home cost in Lowellville is $148,600. Home appreciation the last 10 years has been 74.9%. Home Appreciation in Lowellville is up 14.4%.
Average Age of Homes
- The median age of Lowellville real estate is 78 years old
The Rental Market in Lowellville
- Renters make up 25.8% of the Lowellville population
- 1.7% of houses and apartments in Lowellville, 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.