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Foreclosures in Avon Lake, OH

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Avon Lake, OH Foreclosures

How much do homes sell for in Avon Lake, OH?
The average home price is currently $457,499.
In Avon Lake, OH, how many homes are available?
There are currently 2 active home listings available in Avon Lake.
What’s the average rental cost in Avon Lake, OH?
The average rental price in Avon Lake is $1,819.
What is the most expensive home in Avon Lake?
The most expensive home sold in Avon Lake had a price of $23,250,446.
What is currently the cheapest priced home in Avon Lake, OH?
The cheapest home for sale in Avon Lake is priced at $16,237.

Living in Avon Lake, OH

Avon Lake, Ohio, is a vibrant suburban community situated on the shores of Lake Erie, known for its family-friendly atmosphere and excellent schools. Residents enjoy a variety of outdoor activities, from swimming to fishing, while a range of local amenities, such as shops and restaurants, cater to everyday needs. With its enriched community spirit and scenic views, Avon Lake offers a great environment for both families and professionals.

Current Market Conditions in Avon Lake, OH

The real estate market in Avon Lake, Ohio, remains strong and competitive, with a steady influx of buyers looking for homes. The area has seen gradual appreciation in home values, driven by its appealing lifestyle and high-quality schools. Homes are selling quickly, and there are often multiple offers on desirable properties, making it a sellers' market.

Current trends indicate that young families are particularly drawn to Avon Lake for its excellent educational options and community activities. The demand for newer homes and those near the lake has increased, leading to heightened competition among buyers.

Home Value Estimator For Avon Lake, OH

There are currently 10,076 real estate properties in Avon Lake, OH, with a median automated valuation model (AVM) price of $405,448.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Avon Lake, 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 Avon Lake, OH, is $457,499.00, with the most expensive house in Avon Lake, OH, topping out at $23,250,446.00 and the cheapest home in Avon Lake, OH, clocking in at $16,237.00. In other words, there’s something for every potential homebuyer or savvy investor in Avon Lake, OH!

Rent Prices In Avon Lake, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Avon Lake, OH, is on a rollercoaster ride. The average rent price in Avon Lake, OH, is $1,819.00. Indeed, when looking to rent in Avon Lake, OH, you can expect to pay as little as $570.00 or as much as $2,540.00, with the average rent median estimated to be $1,840.00. The good news is that finding an affordable and desirable property to rent in Avon Lake, 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.

Avon Lake, OH Foreclosures

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