Forest Park, OH has a median housing value of $188,600 which is significantly lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, however this rate increases to 10.68% in Forest Park, OH. This means that the housing market in Forest Park is currently appreciating at a higher rate than the national average, making it an attractive option for home buyers and investors alike.
The median home cost in Forest Park is $188,600. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Forest Park is up 16.6%.
Average Age of Homes
- The median age of Forest Park real estate is 45 years old
The Rental Market in Forest Park
- Renters make up 40.0% of the Forest Park population
- 0.9% of houses and apartments in Forest Park, 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.