The housing market in McGuffey, OH is quite affordable compared to the national average. The median value of a house in McGuffey is $61,800, which is much lower than the US House Median Value of $338,100. Despite the lower cost of living in McGuffey, the 1 year house appreciation rate has been 8.69%, which is slightly higher than the US 1 year House Appreciation rate of 8.27%. Thus, McGuffey remains an attractive option for those looking to buy or invest in real estate at an affordable price and with good potential returns.
The median home cost in McGuffey is $61,800. Home appreciation the last 10 years has been 64.5%. Home Appreciation in McGuffey is up 11.9%.
Average Age of Homes
- The median age of McGuffey real estate is 60 years old
The Rental Market in McGuffey
- Renters make up 26.1% of the McGuffey population
- 2.1% of houses and apartments in McGuffey, 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.