The housing market in Garfield Heights, OH is quite favorable for potential homebuyers. The median value of houses is $110,700, which is significantly lower than the national median value of $338,100. Additionally, the appreciation rate of Garfield Heights' homes has been 8.35%, just slightly above the US appreciation rate of 8.27%. With such a competitive market and reasonable prices, it's no surprise that many people may be interested in purchasing property in Garfield Heights.
The median home cost in Garfield Heights is $110,700. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Garfield Heights is up 12.6%.
Average Age of Homes
- The median age of Garfield Heights real estate is 63 years old
The Rental Market in Garfield Heights
- Renters make up 26.1% of the Garfield Heights population
- 1.7% of houses and apartments in Garfield Heights, 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.