The housing market in Portage Lakes, OH is thriving. The median value of homes in the area is $166,200, which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year house appreciation rate for the area is 11.29%, which is higher than the national average of 8.27%. This shows that houses in Portage Lakes are rising in value at a faster rate than the national average. With its attractive housing prices and higher-than-average appreciation rates, Portage Lakes has become an increasingly popular spot for people looking to purchase a home.
The median home cost in Portage Lakes is $166,200. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Portage Lakes is up 14.6%.
Average Age of Homes
- The median age of Portage Lakes real estate is 57 years old
The Rental Market in Portage Lakes
- Renters make up 33.9% of the Portage Lakes population
- 0.0% of houses and apartments in Portage Lakes, 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.