Elida, OH has a median house value of $211,200, which is much lower than the US median house value of $338,100. Despite the lower value, Elida's housing market is seeing healthy appreciation with an 8.69% increase in house values over the last year. This compares favorably to the national 1 year appreciation of 8.27%. Elida appears to be a strong investment for housing with steady growth and affordable prices.
The median home cost in Elida is $211,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Elida is up 11.9%.
Average Age of Homes
- The median age of Elida real estate is 37 years old
The Rental Market in Elida
- Renters make up 13.2% of the Elida population
- 0.0% of houses and apartments in Elida, 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.