Living in Friendship, OH
Friendship, Ohio, is a quaint rural community known for its tranquil lifestyle, strong community bonds, and access to beautiful natural surroundings. Residents have convenient access to essential amenities and recreational activities, making it an appealing location for families and individuals alike.
Current Market Conditions in Friendship, OH
The real estate market in Friendship, OH, is currently stable with a steady demand for homes, particularly among those seeking peaceful living in a rural setting. The average home prices have shown modest growth, indicating a healthy market for real estate investment.
Investors can find a mix of property types, including single-family homes and larger plots of land. The area is appealing due to its affordability compared to nearby larger cities, attracting new residents and driving up interest in the local real estate market.
Home Value Estimator For Friendship, OH
There are currently 43 real estate properties
in Friendship, OH,
with a median automated valuation model (AVM) price
of $92,811.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Friendship, 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 Friendship, OH,
is $121,881.00, with the most expensive house
in Friendship, OH, topping out
at $730,154.00 and the cheapest home
in Friendship, OH,
clocking in at $25,311.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Friendship, OH!
Rent Prices
In Friendship, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Friendship, OH, is on
a rollercoaster ride. The
average rent price in Friendship, OH,
is $940.00. Indeed, when looking to rent in
Friendship, OH, you can expect to pay as little
as $820.00 or as much
as $1,050.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Friendship, 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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