The housing market in South Bloomfield, OH is thriving with a median value of $283,800. This is significantly lower than the US House Median Value of $338,100, however it has seen an impressive 1 year appreciation rate of 13.57%, significantly higher than the US average of 8.27%. With this steady appreciation rate, now is an excellent time to invest in the housing market in South Bloomfield as prices are expected to increase steadily over the next year.
The median home cost in South Bloomfield is $283,800. Home appreciation the last 10 years has been 104.5%. Home Appreciation in South Bloomfield is up 17.1%.
Average Age of Homes
- The median age of South Bloomfield real estate is 21 years old
The Rental Market in South Bloomfield
- Renters make up 18.6% of the South Bloomfield population
- 0.0% of houses and apartments in South Bloomfield, 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.