In Mechanicsburg, OH, the median value of a house is $152,900 which is much lower than the US median value of $338,100. The US experienced an 8.27% appreciation in housing values over the past year and Mechanicsburg had a 14.03% appreciation in comparison. This suggests that the housing market in Mechanicsburg is relatively strong compared to the national average. People wanting to buy or sell a house would benefit from taking advantage of this strong market in Mechanicsburg.
The median home cost in Mechanicsburg is $152,900. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Mechanicsburg is up 19.8%.
Average Age of Homes
- The median age of Mechanicsburg real estate is 78 years old
The Rental Market in Mechanicsburg
- Renters make up 40.1% of the Mechanicsburg population
- 1.3% of houses and apartments in Mechanicsburg, 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.