Housing in 45142 Lynchburg, OH is flourishing, as the median value of homes in the area is $175,100 which is much lower than the US house median value of $338,100. In addition, the 1 year appreciation rate for houses in Lynchburg, OH was 13.22%, significantly higher than the US 1 year house appreciation rate of 8.27%. This demonstrates that housing in this area is growing at a faster rate than elsewhere in the country and could be a great opportunity for potential homeowners or investors.
The median home cost in Lynchburg (zip 45142) is $175,100. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Lynchburg (zip 45142) is up 15.4%.
Average Age of Homes
- The median age of Lynchburg (zip 45142) real estate is 42 years old
The Rental Market in Lynchburg (zip 45142)
- Renters make up 18.8% of the Lynchburg (zip 45142) population
- 0.0% of houses and apartments in Lynchburg (zip 45142), 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.