The housing market in Urbana, OH is booming. According to the latest figures, the median value for a house in Urbana is $165,400, compared to the US median value of $338,100. Additionally, the one-year appreciation rate for houses in Urbana is 14.03%, while the national rate stands at 8.27%. This suggests that the demand for housing in Urbana has been increasing significantly over the past year. With such an attractive market and strong appreciation rates, it's no wonder that so many people are choosing to buy or invest in homes in Urbana.
The median home cost in Urbana is $165,400. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Urbana is up 19.8%.
Average Age of Homes
- The median age of Urbana real estate is 61 years old
The Rental Market in Urbana
- Renters make up 39.6% of the Urbana population
- 2.9% of houses and apartments in Urbana, 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.