The housing in Mineral Ridge, OH is quite affordable, with the median value for a house being $162,400. This is much lower than the US median value of $338,100. Not only is the housing significantly less expensive, but it has also appreciated more over the past year - at 10.74%, compared to 8.27% nationally. Thus, Mineral Ridge offers an attractive option for those looking for an affordable place to live with potential for appreciation in property value.
The median home cost in Mineral Ridge is $162,400. Home appreciation the last 10 years has been 75.1%. Home Appreciation in Mineral Ridge is up 14.5%.
Average Age of Homes
- The median age of Mineral Ridge real estate is 44 years old
The Rental Market in Mineral Ridge
- Renters make up 22.9% of the Mineral Ridge population
- 2.9% of houses and apartments in Mineral Ridge, 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.