The housing market in Ashland, OH Metro Area is thriving. The median value of homes in this area is $195,900, which is significantly lower than the US median house value of $338,100. This makes purchasing a home in Ashland much more accessible to people looking for an affordable option. Additionally, the 1 year house appreciation rate in the Ashland area is 10.26%, significantly higher than the national average of 8.27%. This indicates that not only are homes more affordable but they are also increasing in value at a rapid rate. All in all, the housing market in Ashland is a great option for potential buyers looking for an accessible and profitable investment.
The median home cost in Ashland Metro Area is $195,900. Home appreciation the last 10 years has been 66.7%. Home Appreciation in Ashland Metro Area is up 13.5%.
Average Age of Homes
- The median age of Ashland Metro Area real estate is 49 years old
The Rental Market in Ashland Metro Area
- Renters make up 25.8% of the Ashland Metro Area population
- 1.4% of houses and apartments in Ashland 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.