The housing in 45619 Chesapeake, OH is significantly more affordable than the US average, with a median value of $130,200 compared to the US House Median Value of $338,100. This affordability comes with some benefits as well - the 1 year house appreciation rate for 45619 Chesapeake, OH is 11.89%, which is higher than the US rate of 8.27%. This means that homeowners in this area can expect their property values to increase faster than they would if they lived elsewhere in the country. All together, this makes 45619 Chesapeake, OH an attractive location for those seeking a safe investment opportunity at a lower cost.
The median home cost in Chesapeake (zip 45619) is $130,200. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Chesapeake (zip 45619) is up 13.7%.
Average Age of Homes
- The median age of Chesapeake (zip 45619) real estate is 42 years old
The Rental Market in Chesapeake (zip 45619)
- Renters make up 19.1% of the Chesapeake (zip 45619) population
- 0.1% of houses and apartments in Chesapeake (zip 45619), 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.