Martins Ferry, OH has an impressive housing median value of $84,400, which is significantly lower than the US house median value of $338,100. This makes Martins Ferry a desirable location for those looking to buy property as it allows them to make more significant investments with their funds. In addition, the US 1 year house appreciation rate of 8.27%, is far exceeded by the 1 year house appreciation rate in Martins Ferry, OH at 12.74%. This makes investing in property in Martins Ferry an even more attractive option for prospective buyers who are looking to increase their wealth through real estate investments.
The median home cost in Martins Ferry is $84,400. Home appreciation the last 10 years has been 68.0%. Home Appreciation in Martins Ferry is up 12.7%.
Average Age of Homes
- The median age of Martins Ferry real estate is 74 years old
The Rental Market in Martins Ferry
- Renters make up 31.8% of the Martins Ferry population
- 7.8% of houses and apartments in Martins Ferry, 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.