Ravenna, OH is an attractive place to purchase a home due to its relatively low housing median value. At $171,500, the median value of housing in Ravenna is significantly lower than the US median of $338,100. The house appreciation rate of 11.04% in Ravenna has also out-performed that of the national rate of 8.27% over the last year. With its affordable housing and strong appreciation rates, Ravenna is an excellent option for prospective home buyers.
The median home cost in Ravenna is $171,500. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Ravenna is up 14.6%.
Average Age of Homes
- The median age of Ravenna real estate is 65 years old
The Rental Market in Ravenna
- Renters make up 44.4% of the Ravenna population
- 0.0% of houses and apartments in Ravenna, 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.