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Foreclosure Homes in Elida, OH 45807

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Elida, OH Foreclosures

How much do homes sell for in Elida, OH?
The average home price is currently $257,979.
In Elida, OH, how many homes are available?
There are currently 1 active home listings available in Elida.
What’s the average rental cost in Elida, OH?
The average rental price in Elida is $1,330.
What is the most expensive home in Elida?
The most expensive home sold in Elida had a price of $963,098.
What is currently the cheapest priced home in Elida, OH?
The cheapest home for sale in Elida is priced at $20,110.

Living in Elida, OH

Elida, OH is a quaint village known for its friendly atmosphere and close community ties. It offers excellent schools, local shops, and beautiful parks, making it an ideal choice for families looking for a peaceful suburban lifestyle. With easy access to Lima, residents enjoy a blend of small-town charm and convenience.

Current Market Conditions in Elida, OH

Currently, Elida's real estate market is moderately competitive, with a mixture of both buyers and sellers in play. The demand for homes in the area has seen a gradual increase over the past few months, driven mainly by families seeking the benefits of local schools and community involvement.

There has been a noticeable trend in new constructions, as buyers desire modern amenities while still maintaining the charm of the village. Homes are selling more quickly than last year, indicating a healthy market fueled by community engagement and localized development.

Home Value Estimator For Elida, OH

There are currently 3,326 real estate properties in Elida, OH, with a median automated valuation model (AVM) price of $245,038.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elida, 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 Elida, OH, is $257,979.00, with the most expensive house in Elida, OH, topping out at $963,098.00 and the cheapest home in Elida, OH, clocking in at $20,110.00. In other words, there’s something for every potential homebuyer or savvy investor in Elida, OH!

Rent Prices In Elida, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elida, OH, is on a rollercoaster ride. The average rent price in Elida, OH, is $1,330.00. Indeed, when looking to rent in Elida, OH, you can expect to pay as little as $490.00 or as much as $2,020.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Elida, 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.

Elida, OH 45807 Foreclosures

Market Trend for Elida, OH

Total Listings Available: 1

Market Values:

Home Prices from $20,110 to $963,098

Average Sales Price: $257,979

Rental Values:

Rental from $490 to $2,020

Average Rent Value: $1,330 / month

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