London, Ohio is known for its classic American charm, making it a great place to settle down and buy a house. The housing median value in London is $259,000, which is significantly lower than the US House median value of $338,100. However, it should be noted that the one year house appreciation rate in London is 13.57%, which is higher than the US average of 8.27%. This means that despite the lower housing cost compared to other places, people who buy a house in London can expect to see a significant return on their investment in the long run.
The median home cost in London (zip 43140) is $259,000. Home appreciation the last 10 years has been 104.5%. Home Appreciation in London (zip 43140) is up 17.1%.
Average Age of Homes
- The median age of London (zip 43140) real estate is 41 years old
The Rental Market in London (zip 43140)
- Renters make up 30.3% of the London (zip 43140) population
- 0.9% of houses and apartments in London (zip 43140), 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.