Urbana Metro Area, OH Housing

The housing market in the Urbana, OH Metro Area is thriving. The median value for a house in this area is $190,400, which is significantly lower than the US median value of $338,100. Despite being lower, the housing appreciation rate over a one year period in this area was 11.93%, much higher than the US average of 8.27%. This indicates that investing in property here can yield excellent results and that the housing market is experiencing high demand.

The median home cost in Urbana Metro Area is $190,400. Home appreciation the last 10 years has been 102.5%. Home Appreciation in Urbana Metro Area is up 19.7%.

Average Age of Homes

- The median age of Urbana Metro Area real estate is 48 years old

The Rental Market in Urbana Metro Area

- Renters make up 23.4% of the Urbana Metro Area population
- 1.2% of houses and apartments in Urbana 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Urbana, Ohio	United States
	16,835.0	139,647,020.0
	53	42
	$190,400	$338,100
	19.7%	16.6%
	62.3%	57.0%
	102.5%	101.1%
	$11.85	$10.98
	$1,739	$2,690
	68.9%	57.4%
	7.9%	11.2%
	23.2%	31.4%
Vacant Housing
	1.2%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.1%	0.4%
	0.5%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	2.1%	2.4%
	2.0%	2.8%
	8.5%	3.9%
	10.9%	4.5%
	24.3%	11.3%
	18.9%	13.0%
	17.2%	20.1%
	5.9%	13.6%
	1.7%	8.3%
	2.6%	9.7%
	0.9%	3.9%
	0.6%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	13.4%	13.6%
	10.9%	13.2%
	13.3%	14.8%
	13.4%	13.6%
	7.5%	10.0%
	4.8%	4.7%
	31.2%	12.2%

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