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Zip 44072 (Novelty, OH) Housing


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The housing market in 44072 Novelty, OH is doing extremely well. The median value of houses in this area is $377,400, which is significantly higher than the US house median value of $338,100. Additionally, the one year appreciation rate for houses in this area is 10.26%, while the national average is 8.27%. This data demonstrates that the housing market in 44072 Novelty, OH has seen a strong increase in value over the past year and is likely to continue to appreciate at a high rate into the future as well.

The median home cost in Novelty (zip 44072) is $377,400. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Novelty (zip 44072) is up 13.4%.

Average Age of Homes
- The median age of Novelty (zip 44072) real estate is 49 years old
The Rental Market in Novelty (zip 44072)
- Renters make up 12.3% of the Novelty (zip 44072) population
- 0.0% of houses and apartments in Novelty (zip 44072), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingNovelty, OhioUnited States
  2,045.0139,647,020.0
  5542
  $377,400$338,100
  13.4%16.6%
  47.5%57.0%
  69.3%101.1%
  $16.99$10.98
  $4,558$2,690
  76.9%57.4%
  2.2%11.2%
  20.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  2.2%4.1%
  Value of Owner-Occupied Housing
  0.8%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  1.1%4.5%
  2.5%11.3%
  22.8%13.0%
  34.2%20.1%
  17.3%13.6%
  6.5%8.3%
  4.9%9.7%
  2.2%3.9%
  7.6%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  1.4%13.6%
  1.4%13.6%
  5.5%13.6%
  9.5%13.2%
  27.8%14.8%
  5.5%13.6%
  25.7%10.0%
  0.6%4.7%
  15.6%12.2%
Commute

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