Powhatan Point, OH is an attractive housing market due to its median home value being significantly lower than the US median home value at $116,500. The appreciation rate of homes in Powhatan Point is also higher than the US average of 8.27%, with a 1 year appreciation rate of 12.74%. This is great news for potential homeowners or investors looking to purchase property in this area, as they can expect a positive return on their investments. Furthermore, the low housing prices paired with high appreciation are ideal for people looking for an affordable place to live that will gain value over time.
The median home cost in Powhatan Point is $116,500. Home appreciation the last 10 years has been 68.0%. Home Appreciation in Powhatan Point is up 12.7%.
Average Age of Homes
- The median age of Powhatan Point real estate is 59 years old
The Rental Market in Powhatan Point
- Renters make up 18.1% of the Powhatan Point population
- 2.1% of houses and apartments in Powhatan Point, 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.