The housing market in Ohio State is thriving, with the median house value being around $197,000. This is significantly lower than the national median of $338,100. In the past year, house values have appreciated by 8.50% in Ohio State, which is slightly higher than the US 1 year appreciation rate of 8.27%. This signals a strong housing market in the state and indicates that now may be a great time to invest in property there.
The median home cost in Ohio is $197,000. Home appreciation the last 10 years has been 81.8%. Home Appreciation in Ohio is up 14.7%.
Average Age of Homes
- The median age of Ohio real estate is 50 years old
The Rental Market in Ohio
- Renters make up 29.5% of the Ohio population
- 1.5% of houses and apartments in Ohio, 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.