The housing market in 43311 Bellefontaine, OH is very strong and rapidly growing. The median value of a house in the area is $181,300 which is significantly lower than the US House median value of $338,100. This makes it an attractive option for people looking to buy their first home or invest in real estate. Additionally, the 1 year house appreciation rate in Bellefontaine is 16.98%, much higher than the US average of 8.27%. This indicates that housing prices are likely to continue to increase over time and make it a great place to buy into now before prices go even higher.
The median home cost in Bellefontaine (zip 43311) is $181,300. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Bellefontaine (zip 43311) is up 16.5%.
Average Age of Homes
- The median age of Bellefontaine (zip 43311) real estate is 53 years old
The Rental Market in Bellefontaine (zip 43311)
- Renters make up 31.2% of the Bellefontaine (zip 43311) population
- 1.9% of houses and apartments in Bellefontaine (zip 43311), 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.