Housing in Prospect, OH is highly desirable, with the median housing value being more than $130,000 lower than the national median. However, despite its affordable price point, Prospect has seen a much higher rate of home appreciation over the past year, at 16.98%, compared to the national average of 8.27%. This is indicative of a strong local economy and continued growth in the area's real estate market.
The median home cost in Prospect is $206,600. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Prospect is up 16.5%.
Average Age of Homes
- The median age of Prospect real estate is 78 years old
The Rental Market in Prospect
- Renters make up 34.9% of the Prospect population
- 0.0% of houses and apartments in Prospect, 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.