The housing market in the Bellefontaine Metro Area of Ohio is performing very well. The median housing value is $202,200, which is significantly lower than the US median of $338,100. This offers a great opportunity for potential home buyers to get into the market at a relatively low cost. The house appreciation rate over the last year has also been strong, with an increase of 10.26%, which is higher than the national average appreciation rate of 8.27%. This makes it an attractive option for people looking to invest in property in the Bellefontaine area and take advantage of its growing real estate market.
The median home cost in Bellefontaine Metro Area is $202,200. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Bellefontaine Metro Area is up 16.5%.
Average Age of Homes
- The median age of Bellefontaine Metro Area real estate is 49 years old
The Rental Market in Bellefontaine Metro Area
- Renters make up 20.8% of the Bellefontaine Metro Area population
- 1.3% of houses and apartments in Bellefontaine 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.