|Ohio Real Estate at a Glance:|
|Population:||11,544,225||Est. % of all sales that are short-sales:||26%|
|Land Mass in Square Miles:||44,824.9||Property Taxes % of Home Value:||1.36%|
|Median Home Value:||$134,600|
Here are Ohio’s current mortgage loan interest rates.
Ohio has a robust population, ranking the state seventh highest in the nation. However its property taxes are also high, resting at 1.36 percent.
When trying to determine the health of the housing market, the percentage of short sales on the market raises red flags. With more than one out of every four houses being a short sale, first-time homebuyers may find it difficult to snag properties away from cash-wielding investors.
The home loan interest rates fluctuate daily, so check this report for updated information.