The housing market in Cambridge, OH Metro Area is experiencing a positive trend, with the median value for a house reaching $121,200. This is significantly lower than the US median value of $338,100, but still reflects an impressive appreciation rate over the past year of 13.19%, which is much higher than the US average of 8.27%. This indicates that this area could be a good investment opportunity for people looking to own a home in a growing market.
The median home cost in Cambridge Metro Area is $121,200. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Cambridge Metro Area is up 14.0%.
Average Age of Homes
- The median age of Cambridge Metro Area real estate is 47 years old
The Rental Market in Cambridge Metro Area
- Renters make up 21.1% of the Cambridge Metro Area population
- 3.0% of houses and apartments in Cambridge Metro Area, 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.