The housing market in Fairfax, OH is doing well, with the median value of homes sitting at $225,500. This is significantly lower than the US median value of $338,100 and reflects the affordability of this small town in Ohio. In the last year, house appreciation rose by 10.68%, outpacing the national rate of 8.27%. This indicates that Fairfax is a great place to invest in real estate due to its rising property values and lower cost of living.
The median home cost in Fairfax is $225,500. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Fairfax is up 16.6%.
Average Age of Homes
- The median age of Fairfax real estate is 72 years old
The Rental Market in Fairfax
- Renters make up 24.2% of the Fairfax population
- 0.0% of houses and apartments in Fairfax, 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.