The housing market in Newburgh Heights, OH is a great option for potential homebuyers. The median value of the homes in the area is $92,800, which is significantly lower than the US median value of $338,100. Despite this difference, the appreciation rate for homes in Newburgh Heights is 8.35%, just slightly higher than the US average of 8.27%. Homes in this area offer a great opportunity to live in an affordable area that still has growing potential for those looking to make an investment.
The median home cost in Newburgh Heights is $92,800. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Newburgh Heights is up 12.6%.
Average Age of Homes
- The median age of Newburgh Heights real estate is 78 years old
The Rental Market in Newburgh Heights
- Renters make up 40.1% of the Newburgh Heights population
- 2.6% of houses and apartments in Newburgh Heights, 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.