Avon Lake, OH (zip code 44012) has a housing median value of $346,700, which is higher than the United States median house value of $338,100. The appreciation rate for housing in Avon Lake is 10.26%, higher than the US average 1-year appreciation rate of 8.27%. This indicates that there is strong demand for housing in this area and that prices are likely to increase in the coming year. Therefore, Avon Lake is a great place to invest in real estate as well as live and raise a family.
The median home cost in Avon Lake (zip 44012) is $346,700. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Avon Lake (zip 44012) is up 13.4%.
Average Age of Homes
- The median age of Avon Lake (zip 44012) real estate is 30 years old
The Rental Market in Avon Lake (zip 44012)
- Renters make up 18.7% of the Avon Lake (zip 44012) population
- 0.7% of houses and apartments in Avon Lake (zip 44012), 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.