The housing market in Elgin, OH is quite healthy. The median value of a home in Elgin is $113,300, which is approximately a third of the US median house value of $338,100. Over the past year, the appreciation rate for homes in Elgin has been 8.69%, which is slightly higher than the national average of 8.27%. This suggests that real estate values are increasing at a strong and steady pace in Elgin. Homebuyers looking for an affordable place to live should consider investing in housing in Elgin, OH.
The median home cost in Elgin is $113,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Elgin is up 11.9%.
Average Age of Homes
- The median age of Elgin real estate is 62 years old
The Rental Market in Elgin
- Renters make up 0.0% of the Elgin population
- 0.0% of houses and apartments in Elgin, 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.