Rio Grande, OH is a great place to invest in housing. The median value of homes in Rio Grande is $121,200, which is slightly below the US median home value of $338,100. However, the 1 year appreciation rate for homes in Rio Grande is impressive at 11.89%, which is higher than the national appreciation rate of 8.27%. This shows that housing in Rio Grande has been growing in value faster than across the US as a whole. Investing in housing here would make a great investment and provide a good return on investment over time.
The median home cost in Rio Grande is $121,200. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Rio Grande is up 13.7%.
Average Age of Homes
- The median age of Rio Grande real estate is 37 years old
The Rental Market in Rio Grande
- Renters make up 66.1% of the Rio Grande population
- 2.0% of houses and apartments in Rio Grande, 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.