Berlin, OH is a great place to invest in housing. The median value of homes in the city is $323,900, which is slightly lower than the US median value of $338,100. In the past year, homes in Berlin have appreciated by 10.56%, whereas homes across the country have appreciated by 8.27%. This indicates that home values in Berlin are on an upward trajectory and thus presents an attractive opportunity for those looking to buy a home or invest in real estate.
The median home cost in Berlin is $323,900. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Berlin is up 13.2%.
Average Age of Homes
- The median age of Berlin real estate is 30 years old
The Rental Market in Berlin
- Renters make up 27.6% of the Berlin population
- 8.3% of houses and apartments in Berlin, 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.