Zip 45838 (Elgin, OH) Housing

The housing market in 45838 Elgin, OH is significantly lower than the US median value of $338,100. However, it has an impressive 1-year appreciation of 8.69%, slightly higher than the US average of 8.27%. This makes it a great opportunity for potential home buyers to take advantage of its low median value of $108,400 and benefit from its growing appreciation rate.

The median home cost in Elgin (zip 45838) is $108,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Elgin (zip 45838) is up 11.9%.

Average Age of Homes

- The median age of Elgin (zip 45838) real estate is 52 years old

The Rental Market in Elgin (zip 45838)

- Renters make up 0.0% of the Elgin (zip 45838) population
- 0.0% of houses and apartments in Elgin (zip 45838), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elgin, Ohio	United States
	49.0	139,647,020.0
	47	42
	$108,400	$338,100
	11.9%	16.6%
	48.3%	57.0%
	64.5%	101.1%
	$10.78	$10.98
	$1,298	$2,690
	87.8%	57.4%
	8.2%	11.2%
	4.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	8.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	16.3%	2.4%
	2.3%	2.8%
	0.0%	3.9%
	48.8%	4.5%
	25.6%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	7.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.0%	13.6%
	2.0%	13.6%
	22.4%	13.6%
	0.0%	13.2%
	38.8%	14.8%
	22.4%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	32.7%	12.2%

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