Painesville, OH (44077) has a median housing value of $198,800 which is significantly lower than the US House median value of $338,100. Despite this difference in values, Painesville is seeing higher growth with regards to house appreciation in the last year, at 10.26% compared to the US average of 8.27%. This suggests that Painesville is an attractive market for potential home buyers looking to purchase a home at a more affordable price point while still receiving good long-term return on their investment.
The median home cost in Painesville (zip 44077) is $198,800. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Painesville (zip 44077) is up 13.4%.
Average Age of Homes
- The median age of Painesville (zip 44077) real estate is 42 years old
The Rental Market in Painesville (zip 44077)
- Renters make up 25.5% of the Painesville (zip 44077) population
- 0.7% of houses and apartments in Painesville (zip 44077), 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.