The housing market in 45601 Chillicothe, OH is doing well. According to the given content, the median value of houses in this area is $164,900, which is lower than the overall US median of $338,100. However, the 1 year appreciation rate for houses in 45601 Chillicothe is 11.89%, much higher than the 8.27% rate for the whole country. This shows that investing in houses in this region can be a wise decision, as it will yield more profit over a short amount of time than elsewhere across the US.
The median home cost in Chillicothe (zip 45601) is $164,900. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Chillicothe (zip 45601) is up 13.7%.
Average Age of Homes
- The median age of Chillicothe (zip 45601) real estate is 48 years old
The Rental Market in Chillicothe (zip 45601)
- Renters make up 27.7% of the Chillicothe (zip 45601) population
- 0.7% of houses and apartments in Chillicothe (zip 45601), 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.