Elgin, OH Foreclosures
How much do homes sell for in Elgin, OH?
The average home price is currently $229,012.
In Elgin, OH, how many homes are available?
There are currently 1 active home listings available in Elgin.
What’s the average rental cost in Elgin, OH?
The average rental price in Elgin is $1,168.
What is the most expensive home in Elgin?
The most expensive home sold in Elgin had a price of $971,841.
What is currently the cheapest priced home in Elgin, OH?
The cheapest home for sale in Elgin is priced at $22,604.
Living in Elgin, OH
Elgin, OH is a charming suburban community with a friendly atmosphere and ample amenities. Residents enjoy access to parks, local shops, and quality schools, making it an ideal location for families. With convenient transportation options and a strong sense of community, Elgin is perfect for a peaceful lifestyle.
Current Market Conditions in Elgin, OH
Elgin's real estate market has shown steady growth over recent months. The demand for homes in suburban areas continues to rise, driven by buyers seeking larger living spaces and a quieter environment. The inventory of available homes is relatively low, which has led to increased competition, making it a seller's market.
Recent trends indicate that home prices in Elgin have appreciated steadily year-over-year. This pattern reflects a broader demand for suburban living, as families move away from congested urban centers in search of quality housing. Investors are also taking notice, making Elgin a potentially lucrative area for long-term investment.
Home Value Estimator For Elgin, OH
There are currently 19 real estate properties
in Elgin, OH,
with a median automated valuation model (AVM) price
of $150,800.00. 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 $229,012.00, with the most expensive house
in Elgin, OH, topping out
at $971,841.00 and the cheapest home
in Elgin, OH,
clocking in at $22,604.00. 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 $1,168.00. 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 $1,070.00. 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.
Learn more on Foreclosure homes
