The housing market in Mineral City, OH is thriving, with the median value of homes sitting at $175,800. This is significantly lower than the US house median value of $338,100. Despite this difference, Mineral City has seen a larger appreciation for homes than the nation as a whole in the past year - 10.56% compared to 8.27%. This data suggests that Mineral City is an attractive option for potential buyers due to its relatively low prices and higher return on investment.
The median home cost in Mineral City is $175,800. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Mineral City is up 13.2%.
Average Age of Homes
- The median age of Mineral City real estate is 70 years old
The Rental Market in Mineral City
- Renters make up 21.5% of the Mineral City population
- 2.7% of houses and apartments in Mineral City, 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.