The housing market in Lucas, OH is thriving. The median value of houses in Lucas is $191,300 which is significantly lower than the US housing median value of $338,100. In addition to a relatively low house value, the one year house appreciation rate in Lucas is 13.50% which is much higher than the 8.27% appreciation rate nationally over the same period. This indicates that Lucas is a great place to invest and buy a home as it offers affordable prices and increased value over time.
The median home cost in Lucas is $191,300. Home appreciation the last 10 years has been 66.7%. Home Appreciation in Lucas is up 13.5%.
Average Age of Homes
- The median age of Lucas real estate is 63 years old
The Rental Market in Lucas
- Renters make up 36.9% of the Lucas population
- 9.8% of houses and apartments in Lucas, 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.