The housing in Russells Point, OH is very affordable compared to other parts of the country. The median value of houses in the area is $163,100, much lower than the US median house value of $338,100. Despite this affordability, there is significant appreciation in house values within the past year - 16.98% compared to the US average of 8.27%. This indicates that the housing market in Russells Point could be potentially lucrative for someone looking to invest.
The median home cost in Russells Point is $163,100. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Russells Point is up 16.5%.
Average Age of Homes
- The median age of Russells Point real estate is 42 years old
The Rental Market in Russells Point
- Renters make up 23.7% of the Russells Point population
- 1.1% of houses and apartments in Russells 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.