Housing is booming in 43988 Scio, OH. The median value of houses here is $154,800, which may seem low compared to the US median value of $338,100. However, while the US house appreciation rate was 8.27% over the last year, houses in 43988 Scio saw a 12.74% increase in value. This higher appreciation rate demonstrates that housing prices are rapidly rising in this area due to demand and limited supply. It is an exciting time for those looking to invest in real estate as there is a great opportunity here for significant returns on their investments.
The median home cost in Scio (zip 43988) is $154,800. Home appreciation the last 10 years has been 68.0%. Home Appreciation in Scio (zip 43988) is up 12.7%.
Average Age of Homes
- The median age of Scio (zip 43988) real estate is 51 years old
The Rental Market in Scio (zip 43988)
- Renters make up 17.4% of the Scio (zip 43988) population
- 1.3% of houses and apartments in Scio (zip 43988), 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.