Elgin, OH Foreclosures
How much do homes sell for in Elgin, OH?
The average home price is currently $225,667.
In Elgin, OH, how many homes are available?
There are currently 22 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 $934,302.
What is currently the cheapest priced home in Elgin, OH?
The cheapest home for sale in Elgin is priced at $22,583.
Living in Elgin, OH
Elgin is a charming small town in Ohio, known for its friendly community and quiet neighborhoods. The area features beautiful parks and recreational facilities, making it an ideal place for families and outdoor enthusiasts. Residents enjoy a relaxed lifestyle with easy access to nearby cities for additional amenities.
Current Market Conditions in Elgin, OH
The current real estate market in Elgin is experiencing steady growth, with a balanced mix of buyers and sellers. Prices have been rising as more people seek the serene lifestyle and affordability that Elgin offers compared to larger urban centers. The demand for homes continues to be robust, especially among families and young professionals looking for spacious environments.
In recent months, Elgin has seen increased interest in single-family homes, with a particular emphasis on move-in ready properties. As the area develops, new listings are appearing, and competition remains significant among potential buyers. Sellers are generally receiving favorable offers, and homes are often finding buyers within weeks of hitting the market.
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 $225,667.00, with the most expensive house
in Elgin, OH, topping out
at $934,302.00 and the cheapest home
in Elgin, OH,
clocking in at $22,583.00. 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
