The housing market in Groveport, OH is booming. The median value of a house in Groveport is $282,500 which is significantly less than the US median value of $338,100. However, the one year house appreciation in Groveport is 13.57%, much higher than the US average of 8.27%. This indicates that homes are becoming more expensive faster than average and there may be an opportunity for homeowners to capitalize on this trend by selling their property at a higher price.
The median home cost in Groveport is $282,500. Home appreciation the last 10 years has been 104.5%. Home Appreciation in Groveport is up 17.1%.
Average Age of Homes
- The median age of Groveport real estate is 31 years old
The Rental Market in Groveport
- Renters make up 26.4% of the Groveport population
- 0.5% of houses and apartments in Groveport, 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.