The housing market in the Van Wert, OH Metro Area is thriving. The median value of a house in this area is $135,200, which is lower than the US median value of $338,100. However, it has seen a higher appreciation rate over the past year compared to the national average at 11.89% versus 8.27%. This shows that homes in this area are becoming more valuable and desirable for buyers, suggesting that property investments here could be good long-term options.
The median home cost in Van Wert Metro Area is $135,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Van Wert Metro Area is up 11.9%.
Average Age of Homes
- The median age of Van Wert Metro Area real estate is 59 years old
The Rental Market in Van Wert Metro Area
- Renters make up 21.5% of the Van Wert Metro Area population
- 0.4% of houses and apartments in Van Wert 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.