Living in Chilo, OH
Chilo is a serene village located along the picturesque Ohio River, known for its tranquil atmosphere and close-knit community. Surrounded by beautiful natural landscapes, it offers outdoor activities like fishing and hiking. The village is also home to several historic sites and local parks, making it a charming place to live or visit.
Current Market Conditions in Chilo, OH
Chilo's real estate market is currently experiencing a stable growth trend. The blending of affordable housing options and attractive natural surroundings has led to an increase in interest from both young families and retirees. Home prices have shown a modest appreciation, indicative of a healthy demand among potential buyers who appreciate the quaint lifestyle Chilo offers.
There is a noticeable demand for riverfront properties and larger lots, appealing to buyers looking to enjoy outdoor activities. Moreover, the community atmosphere and support from local businesses have contributed to the area’s charm, further attracting new residents.
Home Value Estimator For Chilo, OH
There are currently 21 real estate properties
in Chilo, OH,
with a median automated valuation model (AVM) price
of $134,106.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chilo, 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 Chilo, OH,
is $151,340.00, with the most expensive house
in Chilo, OH, topping out
at $321,877.00 and the cheapest home
in Chilo, OH,
clocking in at $24,057.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chilo, OH!
Rent Prices
In Chilo, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chilo, OH, is on
a rollercoaster ride. The
average rent price in Chilo, OH,
is $791.00. Indeed, when looking to rent in
Chilo, OH, you can expect to pay as little
as $610.00 or as much
as $1,140.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Chilo, 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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