Reasons to Move to Franklin County, OH
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Franklin County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Franklin County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Franklin County,
Our extensive database in Franklin County includes 43 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Franklin County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Franklin County, OH
How do you know that living in—or moving to— Franklin County is the right choice for you? Perhaps you grew up in Franklin County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Franklin County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Franklin County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Franklin County, .
Living in Columbus, OH
Columbus, Ohio, is a thriving city known for its rich cultural scene, diverse neighborhoods, and outdoor recreational opportunities. With great schools, numerous parks, and vibrant local eateries, it offers a high quality of life for individuals and families alike. The economy continues to grow, making it an attractive market for real estate investment.
Current Market Conditions in Columbus, OH
Columbus has experienced a steady growth in the real estate market, with a noticeable increase in demand for housing due to the influx of new residents and businesses. The job market is robust, supporting this demand, particularly in education, healthcare, and technology sectors. As more people seek housing in this flourishing urban area, home prices are rising, but they still remain relatively affordable compared to other major U.S. cities.
The availability of new construction homes has also enhanced the market, meeting the needs of modern buyers who prefer contemporary amenities and eco-friendly designs. With the rise of remote work, many residents are choosing to relocate to more spacious areas within the city, contributing to a dynamic housing landscape.
Home Value Estimator For Columbus, OH
There are currently 198,583 real estate properties
in Columbus, OH,
with a median automated valuation model (AVM) price
of $257,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Columbus, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Columbus, OH,
is $343,844.00, with the most expensive house
in Columbus, OH, topping out
at $139,215,584.00 and the cheapest home
in Columbus, OH,
clocking in at $10,108.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Columbus, OH!
Rent Prices
In Columbus, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Columbus, OH, is on
a rollercoaster ride. The
average rent price in Columbus, OH,
is $1,339.00. Indeed, when looking to rent in
Columbus, OH, you can expect to pay as little
as $440.00 or as much
as $3,860.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Columbus, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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