The city of Urbana, OH is an attractive and affordable option for homebuyers. The median value of a house in the area is $185,700, much lower than the US House Median Value of $338,100. Despite its lower cost, the housing market has seen an impressive appreciation rate of 14.03% over the last year, significantly higher than the national average of 8.27%. This makes Urbana an ideal location to purchase a home that is both economical and likely to increase in value quickly.
The median home cost in Urbana (zip 43078) is $185,700. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Urbana (zip 43078) is up 19.8%.
Average Age of Homes
- The median age of Urbana (zip 43078) real estate is 52 years old
The Rental Market in Urbana (zip 43078)
- Renters make up 28.0% of the Urbana (zip 43078) population
- 2.1% of houses and apartments in Urbana (zip 43078), 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.