The housing market in 44491 West Farmington, OH is booming. The median house value in the area is 205,300 dollars, which is much lower than the US median house value of 338,100 dollars. However, the appreciation rate of houses in 44491 West Farmington, OH is higher than the national average at 10.54%, compared to 8.27% for the US at large. This means that people who invest in this area could see significant growth on their investment over time. With such a high appreciation rate and a lower cost of entry into the housing market, it is no wonder why so many people are looking to buy property in this area.
The median home cost in West Farmington (zip 44491) is $205,300. Home appreciation the last 10 years has been 74.9%. Home Appreciation in West Farmington (zip 44491) is up 14.4%.
Average Age of Homes
- The median age of West Farmington (zip 44491) real estate is 44 years old
The Rental Market in West Farmington (zip 44491)
- Renters make up 6.6% of the West Farmington (zip 44491) population
- 0.0% of houses and apartments in West Farmington (zip 44491), 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.