Rayland, OH is a great place to invest in real estate due to its relatively low median housing value of $105,900. This is significantly lower than the US House Median Value of $338,100 and with a 1 year house appreciation of 12.74%, which is higher than the US average of 8.27%. With an increase in value over the year, it makes Rayland an attractive option for potential homebuyers looking for an affordable yet appreciating property.
The median home cost in Rayland is $105,900. Home appreciation the last 10 years has been 68.0%. Home Appreciation in Rayland is up 12.7%.
Average Age of Homes
- The median age of Rayland real estate is 78 years old
The Rental Market in Rayland
- Renters make up 16.3% of the Rayland population
- 12.7% of houses and apartments in Rayland, 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.