Prospect, OH is an attractive area for homebuyers due to its low median value of $214,900 coupled with a high one-year house appreciation rate of 16.98%. This rate is more than double the national average of 8.27%, making it an especially lucrative investment opportunity for those looking to buy in the area. Prospect offers a great value for prospective homeowners and investors alike given its comparatively low cost and strong appreciation rate.
The median home cost in Prospect (zip 43342) is $214,900. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Prospect (zip 43342) is up 16.5%.
Average Age of Homes
- The median age of Prospect (zip 43342) real estate is 62 years old
The Rental Market in Prospect (zip 43342)
- Renters make up 17.1% of the Prospect (zip 43342) population
- 0.0% of houses and apartments in Prospect (zip 43342), 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.