Zip 45240 (Forest Park, OH) Housing

The housing market in 45240 Forest Park, OH is thriving. The median value of a house in the area is $200,900, significantly lower than the national average of $338,100. However, over the past year, the appreciation rate of houses in 45240 Forest Park has been 10.68%, higher than the national average of 8.27%. This suggests that people are investing more money into this area and that it is becoming an increasingly desirable place to live.

The median home cost in Forest Park (zip 45240) is $200,900. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Forest Park (zip 45240) is up 16.6%.

Average Age of Homes

- The median age of Forest Park (zip 45240) real estate is 44 years old

The Rental Market in Forest Park (zip 45240)

- Renters make up 34.8% of the Forest Park (zip 45240) population
- 1.1% of houses and apartments in Forest Park (zip 45240), 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	Forest Park, Ohio	United States
	11,025.0	139,647,020.0
	48	42
	$200,900	$338,100
	16.6%	16.6%
	58.9%	57.0%
	86.6%	101.1%
	$19.30	$10.98
	$2,631	$2,690
	57.2%	57.4%
	3.9%	11.2%
	38.9%	31.4%
Vacant Housing
	1.1%	1.9%
	0.4%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	0.1%	2.4%
	1.5%	2.8%
	10.6%	3.9%
	12.9%	4.5%
	33.1%	11.3%
	24.2%	13.0%
	13.0%	20.1%
	1.6%	13.6%
	0.3%	8.3%
	0.2%	9.7%
	0.1%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	8.2%	13.6%
	9.2%	13.2%
	34.3%	14.8%
	8.2%	13.6%
	9.6%	10.0%
	1.4%	4.7%
	0.6%	12.2%

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