The housing market in Sylvania, OH is quite strong. The median value of a home in Sylvania is $267,100 which is significantly lower than the national average of $338,100. Although the appreciation rate for homes in Sylvania over the past year was slightly lower than the national rate at 7.63%, it still represents an increase in value for homeowners and investors alike. With a strong market and attractive prices, Sylvania is proving to be an attractive option for those looking to buy real estate or invest in property.
The median home cost in Sylvania is $267,100. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Sylvania is up 13.4%.
Average Age of Homes
- The median age of Sylvania real estate is 43 years old
The Rental Market in Sylvania
- Renters make up 29.1% of the Sylvania population
- 1.5% of houses and apartments in Sylvania, 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.