Rockford, OH is a great place to invest in housing. The median value of homes in Rockford is $166,600, which is significantly lower than the US median value of $338,100. In the past year, the US housing appreciation rate was 8.27%, and Rockford had an impressive 8.69% appreciation rate. This means that investing in Rockford homes could potentially bring returns far greater than investing in US homes. Therefore, with it's low home values and high potential for appreciation, Rockford is a great option for those looking to purchase a home or invest in real estate.
The median home cost in Rockford is $166,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Rockford is up 11.9%.
Average Age of Homes
- The median age of Rockford real estate is 78 years old
The Rental Market in Rockford
- Renters make up 24.6% of the Rockford population
- 3.9% of houses and apartments in Rockford, 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.