City-owned Homes And Land in Beloit, OH

Current Market Conditions in Beloit, OH

The real estate market in Beloit, OH, is currently showing signs of stability with an uptick in home sales over the past few months. With the average home price steadily increasing, the community is attracting buyers looking for affordable yet charming properties. The demand for homes in smaller towns like Beloit has surged as more people seek quieter living conditions, particularly in the wake of increased remote work opportunities.

Investors are observing Beloit as a promising area due to its reasonable home prices and appealing lifestyle. The limited inventory of homes for sale is creating a competitive environment, prompting more buyers to act quickly when a desirable home hits the market.

Rent Prices In Beloit, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beloit, OH, is on a rollercoaster ride. The average rent price in Beloit, OH, is $1,085.00. Indeed, when looking to rent in Beloit, OH, you can expect to pay as little as $560.00 or as much as $1,900.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Beloit, 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.