The housing market in 44643 Magnolia, OH is strong and growing. According to recent data, the median value of homes in this area is $196,200 which is significantly lower than the national median of $338,100. However, what it lacks in initial cost it makes up for with an impressive one year house appreciation rate of 10.56%. This number is higher than the national average of 8.27% and shows that property values are increasing substantially in this part of Ohio.
The median home cost in Magnolia (zip 44643) is $196,200. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Magnolia (zip 44643) is up 13.2%.
Average Age of Homes
- The median age of Magnolia (zip 44643) real estate is 47 years old
The Rental Market in Magnolia (zip 44643)
- Renters make up 15.1% of the Magnolia (zip 44643) population
- 0.4% of houses and apartments in Magnolia (zip 44643), 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.