Middlefield, Ohio has seen steady growth in housing median value over the last year. With a median value of $223,300, this is much lower than the US House Median Value of $338,100. However, Middlefield has seen a greater rate of appreciation in the past year at 10.26%, which is higher than the US 1 year House Appreciation rate of 8.27%. This indicates that the housing market in Middlefield is doing better than that of the nation as a whole. The higher rate of appreciation suggests that Middlefield is an attractive option for potential homebuyers looking for a stable and growing housing market.
The median home cost in Middlefield is $223,300. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Middlefield is up 13.4%.
Average Age of Homes
- The median age of Middlefield real estate is 30 years old
The Rental Market in Middlefield
- Renters make up 40.5% of the Middlefield population
- 0.0% of houses and apartments in Middlefield, 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.