Living in Athens, OH
Athens, Ohio, offers a unique blend of collegiate spirit and small-town charm. The vibrant atmosphere is enhanced by cultural events, outdoor recreation, and a strong sense of community, making it an appealing place to live. With excellent schools and an engaged populace, it's a welcoming destination for families and students alike.
Current Market Conditions in Athens, OH
The real estate market in Athens, OH, remains competitive, with a mixture of historical homes and modern residences available. The demand for rental properties has increased, driven by the presence of Ohio University, attracting students and faculty to the area. Overall, the market is stable with moderate appreciation in home values.
Currently, buyers may find opportunities in both single-family homes and multi-family units, reflecting a diverse market catering to various demographic needs. The community continues to see development that supports both residential and commercial growth, creating a positive outlook for investors.
Home Value Estimator For Athens, OH
There are currently 7,071 real estate properties
in Athens, OH,
with a median automated valuation model (AVM) price
of $245,777.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Athens, 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 Athens, OH,
is $274,481.00, with the most expensive house
in Athens, OH, topping out
at $15,572,040.00 and the cheapest home
in Athens, OH,
clocking in at $8,546.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Athens, OH!
Rent Prices
In Athens, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Athens, OH, is on
a rollercoaster ride. The
average rent price in Athens, OH,
is $1,269.00. Indeed, when looking to rent in
Athens, OH, you can expect to pay as little
as $500.00 or as much
as $2,100.00,
with the average rent median estimated to
be $1,270.00. The good news is that finding
an affordable and desirable property to rent in Athens, 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.