Edison, OH Foreclosures
How much do homes sell for in Edison, OH?
The average home price is currently $219,613.
In Edison, OH, how many homes are available?
There are currently 1 active home listings available in Edison.
What’s the average rental cost in Edison, OH?
The average rental price in Edison is $1,163.
What is the most expensive home in Edison?
The most expensive home sold in Edison had a price of $693,100.
What is currently the cheapest priced home in Edison, OH?
The cheapest home for sale in Edison is priced at $16,520.
Living in Edison, OH
Edison, OH, offers a charming suburban lifestyle with a family-friendly atmosphere and strong community ties. Residents can enjoy access to great schools, parks, and recreational activities, along with convenient transportation options to nearby urban centers. It's an ideal location for those who appreciate a tight-knit community with modern amenities.
Current Market Conditions in Edison, OH
Currently, the real estate market in Edison is experiencing steady growth with an uptick in home values. The demand for homes remains strong, driven by families relocating for the excellent school system and the community's welcoming atmosphere. Inventory is lower than average, leading to competitive bidding scenarios in some areas. Overall, the market is healthy, appealing to both first-time buyers and investors.
In recent months, there has been a notable increase in interest for Edison properties. Increased remote work trends have prompted many to seek suburban locales with more space, leading to a surge in demand for single-family homes. As a result, we are seeing a gradual rise in property values, making it a promising time for sellers.
Home Value Estimator For Edison, OH
There are currently 635 real estate properties
in Edison, OH,
with a median automated valuation model (AVM) price
of $197,061.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Edison, 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 Edison, OH,
is $219,613.00, with the most expensive house
in Edison, OH, topping out
at $693,100.00 and the cheapest home
in Edison, OH,
clocking in at $16,520.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Edison, OH!
Rent Prices
In Edison, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Edison, OH, is on
a rollercoaster ride. The
average rent price in Edison, OH,
is $1,163.00. Indeed, when looking to rent in
Edison, OH, you can expect to pay as little
as $560.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Edison, 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.
Learn more on Foreclosure homes
