Mendon, OH is a great place to buy a home, with a median value of $145,700. This is significantly lower than the US housing median value of $338,100. House appreciation in Mendon over the last year has been 8.69%, which is slightly higher than the US 1 year house appreciation of 8.27%. Homeowners in Mendon will benefit from rising market prices, making it an attractive option for potential homebuyers looking to take advantage of a stable and growing market.
The median home cost in Mendon is $145,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Mendon is up 11.9%.
Average Age of Homes
- The median age of Mendon real estate is 67 years old
The Rental Market in Mendon
- Renters make up 22.9% of the Mendon population
- 2.4% of houses and apartments in Mendon, 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.