Ohio, SD is an area with a relatively low housing median value in comparison to the rest of the United States. The US house median value is around $338,100 while Ohio, SD has a house median value of just $44,000. Despite the lower housing prices in Ohio, SD it has seen an impressive one year house appreciation rate of 14.45%, much higher than the US average of 8.27%. This shows that Ohio, SD is well-positioned for continued growth in its residential real estate market.
The median home cost in Ohio is $44,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Ohio is up 17.2%.
Average Age of Homes
- The median age of Ohio real estate is 29 years old
The Rental Market in Ohio
- Renters make up 62.1% of the Ohio population
- 0.0% of houses and apartments in Ohio, 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.