The housing market in Summerfield, OH is quite robust. The median house value is $136,500 which is significantly lower than the US median house value of $338,100. However, the 1-year house appreciation rate for Summerfield is much higher at 12.77%, compared to the national rate of 8.27%. This indicates that there is strong investment potential in the area and suggests it could be a great place to buy a home.
The median home cost in Summerfield is $136,500. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Summerfield is up 14.0%.
Average Age of Homes
- The median age of Summerfield real estate is 78 years old
The Rental Market in Summerfield
- Renters make up 19.7% of the Summerfield population
- 0.0% of houses and apartments in Summerfield, 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.