Newport (Shelby County), OH has a median housing value of $125,500, which is significantly lower than the US median house value of $338,100. Despite the difference in values, Newport's 1 year house appreciation is 8.69%, only slightly higher than the national average of 8.27%. This indicates that Newport's housing market is trending with the rest of the country and offers a great opportunity for potential buyers who seek to invest in real estate.
The median home cost in Newport (Shelby County) is $125,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Newport (Shelby County) is up 11.9%.
Average Age of Homes
- The median age of Newport (Shelby County) real estate is 71 years old
The Rental Market in Newport (Shelby County)
- Renters make up 0.0% of the Newport (Shelby County) population
- 0.0% of houses and apartments in Newport (Shelby County), 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.