Reno, OH has a median housing value of $174,300 which is significantly lower than the US House Median Value of $338,100. Despite this disparity, the rate of appreciation for housing in Reno, OH has been higher than the US average at 10.99% versus 8.27%. This suggests that Reno could be an attractive place to invest in real estate due to its rising values despite their initially low cost.
The median home cost in Reno is $174,300. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Reno is up 14.3%.
Average Age of Homes
- The median age of Reno real estate is 43 years old
The Rental Market in Reno
- Renters make up 39.6% of the Reno population
- 0.0% of houses and apartments in Reno, 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.