Elgin, OH Foreclosures
How much do homes sell for in Elgin, OH?
The average home price is currently $211,850.
What’s the average rental cost in Elgin, OH?
The average rental price in Elgin is $1,159.
What is the most expensive home in Elgin?
The most expensive home sold in Elgin had a price of $874,615.
What is currently the cheapest priced home in Elgin, OH?
The cheapest home for sale in Elgin is priced at $22,432.
Living in Elgin, OH
Elgin, Ohio, is a small, serene community that offers a tranquil lifestyle just a short drive from larger urban areas. The town is known for its friendly atmosphere, picturesque landscapes, and a strong sense of community. With well-maintained parks and local amenities, Elgin is ideal for families and individuals alike.
Current Market Conditions in Elgin, OH
The real estate market in Elgin, OH, is currently experiencing a steady interest from buyers seeking affordable homes. The town's charm and community feel, coupled with its accessibility to larger urban areas, make it an appealing option for first-time homebuyers and families looking to settle down. Listings are showing slightly increased prices as demand rises, although they remain competitive compared to nearby markets.
In recent months, there has been a noticeable uptick in home renovations and neighborhood developments, indicating a positive outlook for Elgin's real estate market. The ongoing improvements and expansions around the community boost property values and attract new residents looking to invest in their future living arrangements.
Home Value Estimator For Elgin, OH
There are currently 20 real estate properties
in Elgin, OH,
with a median automated valuation model (AVM) price
of $146,821.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elgin, 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 Elgin, OH,
is $211,850.00, with the most expensive house
in Elgin, OH, topping out
at $874,615.00 and the cheapest home
in Elgin, OH,
clocking in at $22,432.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elgin, OH!
Rent Prices
In Elgin, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elgin, OH, is on
a rollercoaster ride. The
average rent price in Elgin, OH,
is $1,159.00. Indeed, when looking to rent in
Elgin, OH, you can expect to pay as little
as $760.00 or as much
as $1,860.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Elgin, 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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