Living in Beloit, OH
Beloit, Ohio, is a quaint village characterized by its friendly community, beautiful parks, and strong educational institutions. It offers an ideal balance of serene living with access to urban conveniences. Families and individuals alike will find Beloit to be a safe and attractive place to call home.
Current Market Conditions in Beloit, OH
The real estate market in Beloit, OH, is currently experiencing steady growth, with an increase in demand for homes due to its appealing lifestyle and affordability compared to nearby urban areas. Property values have seen an upward trend as more people seek to relocate to smaller towns with a sense of community.
Investors are recognizing the potential of the Beloit real estate market, as homes here often sell quickly due to their attractive pricing and desirable features. The market remains competitive, making it an opportune time for investment, particularly for rental properties targeting families and professionals.
Home Value Estimator For Beloit, OH
There are currently 1,260 real estate properties
in Beloit, OH,
with a median automated valuation model (AVM) price
of $179,758.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Beloit, 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 Beloit, OH,
is $203,406.00, with the most expensive house
in Beloit, OH, topping out
at $873,134.00 and the cheapest home
in Beloit, OH,
clocking in at $16,011.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Beloit, OH!
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 $1,086.00. 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.
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