The housing market in Westerville, OH (43081) is thriving with a median value of $314,000. This is significantly lower than the national median house value of $338,100, making it an attractive place to buy or rent property. Moreover, the 1 year appreciation rate for home values in this area is 14.03%, far higher than the national rate of 8.27%. This suggests that Westerville offers both great affordability and strong potential for return on investment when it comes to housing.
The median home cost in Westerville (zip 43081) is $314,000. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Westerville (zip 43081) is up 19.8%.
Average Age of Homes
- The median age of Westerville (zip 43081) real estate is 35 years old
The Rental Market in Westerville (zip 43081)
- Renters make up 35.2% of the Westerville (zip 43081) population
- 1.1% of houses and apartments in Westerville (zip 43081), 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.