Living in Delphos, OH
Delphos, located in Ohio, is a charming small town known for its rich history and warm community feel. With its affordable housing options, Delphos attracts families and individuals seeking a quieter life while still enjoying access to necessary amenities. The town boasts beautiful parks and a strong commitment to education with its local schools, making it a great place to reside.
Current Market Conditions in Delphos, OH
The real estate market in Delphos is relatively stable, characterized by a balanced mix of buyers and sellers. Recently, there has been a steady increase in property values, albeit at a moderate pace compared to urban areas. The demand for affordable housing remains strong, which attracts both first-time homebuyers and investors looking for rental properties.
Over the past few months, the market has seen a slight uptick in listings, which is refreshing for buyers who’ve faced limited options previously. As local employers sustain their workforce, the real estate outlook suggests continued stability, making it a conducive market for investments in single-family homes.
Home Value Estimator For Delphos, OH
There are currently 3,957 real estate properties
in Delphos, OH,
with a median automated valuation model (AVM) price
of $181,563.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Delphos, 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 Delphos, OH,
is $219,679.00, with the most expensive house
in Delphos, OH, topping out
at $4,168,603.00 and the cheapest home
in Delphos, OH,
clocking in at $12,448.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Delphos, OH!
Rent Prices
In Delphos, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Delphos, OH, is on
a rollercoaster ride. The
average rent price in Delphos, OH,
is $1,227.00. Indeed, when looking to rent in
Delphos, OH, you can expect to pay as little
as $480.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Delphos, 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.