Housing in Orrville, OH is quite valuable compared to the US House median value of $338,100, with a median housing value of $316,600. Property values in Orrville have also appreciated faster than the national average. Over the last year, houses in Orrville have seen an appreciation rate of 10.56%, significantly higher than the US's 8.27% increase in housing value. This trend suggests that now is an ideal time to invest in real estate in Orrville as market conditions remain favorable and property values are likely to continue increasing.
The median home cost in Orrville is $316,600. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Orrville is up 13.2%.
Average Age of Homes
- The median age of Orrville real estate is 49 years old
The Rental Market in Orrville
- Renters make up 32.9% of the Orrville population
- 0.7% of houses and apartments in Orrville, 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.