The housing market in the Bucyrus, OH Metro Area is thriving. The median value of a home in the area is $117,600 with increases year over year at 10.26%. This value is considerably lower than the nation's average of $338,100, meaning that the cost of living in this area is much more affordable than many other places around the country. Furthermore, this appreciation rate outpaces the national average of 8.27% so people living here are reaping even greater benefits from their investment in real estate.
The median home cost in Bucyrus-Galion Metro Area is $117,600. Home appreciation the last 10 years has been 66.7%. Home Appreciation in Bucyrus-Galion Metro Area is up 13.5%.
Average Age of Homes
- The median age of Bucyrus-Galion Metro Area real estate is 59 years old
The Rental Market in Bucyrus-Galion Metro Area
- Renters make up 26.3% of the Bucyrus-Galion Metro Area population
- 1.3% of houses and apartments in Bucyrus-Galion 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.