Northwood, OH is a great place to live, with a median value of housing at $156,600. This is significantly lower than the US House Median Value of $338,100. There has been an 8.27% appreciation in the US housing market over the last year, but Northwood has had an even higher appreciation rate of 9.54%. The relatively low cost of housing combined with this high appreciation rate makes Northwood a great area for real estate investment and homeownership.
The median home cost in Northwood is $156,600. Home appreciation the last 10 years has been 75.0%. Home Appreciation in Northwood is up 14.2%.
Average Age of Homes
- The median age of Northwood real estate is 55 years old
The Rental Market in Northwood
- Renters make up 14.2% of the Northwood population
- 0.0% of houses and apartments in Northwood, 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.