New Bloomington, OH is a great place to buy a home. The median value of homes in the area is 158,700, which is much less than the overall US median value of $338,100. In the past year alone, housing prices in New Bloomington have appreciated by 16.98%, significantly higher than the US average of 8.27%. This means that those who purchase property in New Bloomington can expect to benefit from strong returns on their investments. It's no wonder why so many people are choosing to move there!
The median home cost in New Bloomington is $158,700. Home appreciation the last 10 years has been 89.4%. Home Appreciation in New Bloomington is up 16.5%.
Average Age of Homes
- The median age of New Bloomington real estate is 40 years old
The Rental Market in New Bloomington
- Renters make up 27.9% of the New Bloomington population
- 8.9% of houses and apartments in New Bloomington, 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.