The housing market in Montrose-Ghent, OH is strong. The median value for a home in the area is $419,000, which is significantly higher than the national median of $338,100. This difference indicates that homes in this area are more expensive than most. In addition to this, the 1 year house appreciation rate for Montrose-Ghent is 11.29%, which is much higher than the 8.27% rate nationally. This suggests that investing in real estate or purchasing a home here could potentially be a good decision as prices are likely to continue appreciating at an above average rate.
The median home cost in Montrose-Ghent is $419,000. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Montrose-Ghent is up 14.6%.
Average Age of Homes
- The median age of Montrose-Ghent real estate is 48 years old
The Rental Market in Montrose-Ghent
- Renters make up 5.8% of the Montrose-Ghent population
- 0.0% of houses and apartments in Montrose-Ghent, 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.