The housing market in Minster, OH is thriving, with the median value of homes standing at 262,000 dollars, which is significantly lower than the US house median value of 338,100 dollars. The appreciation rate for houses in Minster has also been higher than the national average over the past year at 8.69%, compared to 8.27% for the nation as a whole. This indicates that the housing market in Minster is holding strong and should continue to do so in the near future.
The median home cost in Minster is $262,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Minster is up 11.9%.
Average Age of Homes
- The median age of Minster real estate is 49 years old
The Rental Market in Minster
- Renters make up 19.0% of the Minster population
- 1.3% of houses and apartments in Minster, 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.