The housing situation in Lockland, OH is very affordable compared to the US median value. The median value of a house is $127,000, much lower than the US median value of $338,100. In the past year, both Lockland and the US have seen an increase in housing appreciation: 8.27% for the US and 10.68% for Lockland. This shows that as a whole, Lockland has seen a higher rate of appreciation than the rest of the country.
The median home cost in Lockland is $127,000. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Lockland is up 16.6%.
Average Age of Homes
- The median age of Lockland real estate is 71 years old
The Rental Market in Lockland
- Renters make up 44.5% of the Lockland population
- 1.7% of houses and apartments in Lockland, 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.