The housing market in Cheviot, OH is doing well. The median value of a single family home in the city is $164,900, which is much lower than the national median value of $338,100. Despite the lower price point, the one year appreciation rate for homes in Cheviot is 10.68%, higher than the national rate of 8.27%. This suggests that housing in Cheviot is a stable and attractive option for those looking to buy or invest in property in this area.
The median home cost in Cheviot is $164,900. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Cheviot is up 16.6%.
Average Age of Homes
- The median age of Cheviot real estate is 75 years old
The Rental Market in Cheviot
- Renters make up 40.0% of the Cheviot population
- 2.6% of houses and apartments in Cheviot, 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.