The housing market in 44440 Mineral Ridge, OH is a great investment. The median value of homes in the area stands at $161,700, which is considerably lower than the U.S. median value of $338,100. However, this area has shown strong appreciation in recent years, with a 1 year appreciation rate of 10.54%, much higher than the national average of 8.27%. This high rate of appreciation makes it an attractive option for those looking to invest in real estate in the area.
The median home cost in Mineral Ridge (zip 44440) is $161,700. Home appreciation the last 10 years has been 74.9%. Home Appreciation in Mineral Ridge (zip 44440) is up 14.4%.
Average Age of Homes
- The median age of Mineral Ridge (zip 44440) real estate is 43 years old
The Rental Market in Mineral Ridge (zip 44440)
- Renters make up 19.2% of the Mineral Ridge (zip 44440) population
- 2.5% of houses and apartments in Mineral Ridge (zip 44440), 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.