43551, Perrysburg, OH

Perrysburg, Ohio is located in the northwest corner of the state and has a population of just over 21,000. Home prices in Perrysburg have been on the rise for several years now, with median home prices reaching $142,000 as of September 2017. This is significantly higher than the statewide median home price of $123,600 and indicates that there is strong demand for homes in this area.

One reason for this demand may be that Perrysburg is located close to both Cleveland and Toledo. These two major cities are both growing rapidly and are likely to continue doing so in the future. Additionally, Perrysburg has many amenities that make it a desirable place to live including good schools and a variety of shopping options.

While there are many reasons why home prices have been rising in Perrysburg, one potential factor that could influence prices is interest rates. Right now, interest rates are low which may be encouraging some buyers to enter the market sooner than they would otherwise have done. If interest rates increase however, this could lead to a slowdown or even a reversal in the housing market trends seen thus far in Perrysburg.