The housing in Orwell, OH is quite affordable compared to the national median value. The median value of a house in Orwell, OH is $180,400 which is much lower than the US House Median Value of $338,100. Additionally, the 1 year appreciation rate for houses in Orwell, OH is 10.26%, higher than the US 1 year House Appreciation rate of 8.27%. This shows that there is a healthy real estate market in Orwell, OH and that now may be a good time to consider buying or investing in property there.
The median home cost in Orwell is $180,400. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Orwell is up 13.4%.
Average Age of Homes
- The median age of Orwell real estate is 39 years old
The Rental Market in Orwell
- Renters make up 44.5% of the Orwell population
- 6.2% of houses and apartments in Orwell, 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.