The housing market in Wooster, OH Metro Area is quite strong. The median value of a home there is $330,800 which is slightly lower than the US median value of $338,100. Despite this, the one year appreciation rate for homes in Wooster is 8.41%, slightly higher than the national average of 8.27%. This indicates that despite a slight decrease in overall median value, homes here have still increased in value over the past year. Overall, it appears that the housing market in Wooster remains healthy and strong despite the current economic climate.
The median home cost in Wooster Metro Area is $330,800. Home appreciation the last 10 years has been 76.9%. Home Appreciation in Wooster Metro Area is up 13.6%.
Average Age of Homes
- The median age of Wooster Metro Area real estate is 44 years old
The Rental Market in Wooster Metro Area
- Renters make up 24.9% of the Wooster Metro Area population
- 0.5% of houses and apartments in Wooster Metro Area, 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.