The housing market in 44846 Milan, OH is currently quite strong. The median value of houses in the area is $228,500, which is significantly less than the US median house value of $338,100. The area has seen an impressive increase in housing values over the past year with an appreciation rate of 11.76%, much higher than the national average of 8.27%. This indicates that there is a high demand for housing in the area and that it is an attractive place to live.
The median home cost in Milan (zip 44846) is $228,500. Home appreciation the last 10 years has been 66.7%. Home Appreciation in Milan (zip 44846) is up 13.5%.
Average Age of Homes
- The median age of Milan (zip 44846) real estate is 46 years old
The Rental Market in Milan (zip 44846)
- Renters make up 25.3% of the Milan (zip 44846) population
- 1.7% of houses and apartments in Milan (zip 44846), 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.