The housing market in 45771 Racine, OH is quite impressive compared to the national average. The median value for homes in this area is $113,200, significantly less than the US House Median Value of $338,100. However, the growth rate of house appreciation in Racine is significantly higher than the US rate of 8.27%, at 10.99%. This indicates that housing prices in Racine are on an upswing and there could be a great opportunity for investors or those looking to purchase a home in this area.
The median home cost in Racine (zip 45771) is $113,200. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Racine (zip 45771) is up 14.3%.
Average Age of Homes
- The median age of Racine (zip 45771) real estate is 35 years old
The Rental Market in Racine (zip 45771)
- Renters make up 15.7% of the Racine (zip 45771) population
- 0.0% of houses and apartments in Racine (zip 45771), 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.