The housing in 45064 Somerville, OH is relatively affordable compared to the national median. The median value of a home in 45064 is $234,900, which is significantly lower than the US median at $338,100. Despite this lower value the area has seen a strong appreciation over the past year with an increase of 13.19%. This compares to 8.27% nationally and indicates that there is strong demand for housing in the region.
The median home cost in Somerville (zip 45064) is $234,900. Home appreciation the last 10 years has been 85.5%. Home Appreciation in Somerville (zip 45064) is up 17.8%.
Average Age of Homes
- The median age of Somerville (zip 45064) real estate is 43 years old
The Rental Market in Somerville (zip 45064)
- Renters make up 4.1% of the Somerville (zip 45064) population
- 0.0% of houses and apartments in Somerville (zip 45064), 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.