Living in Jerusalem, OH
Jerusalem, OH, is a charming village in southeastern Ohio known for its friendly community and serene landscapes. With a focus on outdoor activities and solid educational institutions, it provides a suitable environment for families and individuals seeking a quiet lifestyle. The area's amenities and natural beauty make it an attractive place for potential real estate investment.
Current Market Conditions in Jerusalem, OH
The current real estate market in Jerusalem, OH, shows signs of stability, with homes selling at reasonable prices and good demand for family-oriented properties. Investors are drawn to the area's quiet living and growing appreciation for nature, making it a prime location for future investments.
Market trends indicate a gradual increase in property values, reflecting a steady demand for housing as more individuals seek a peaceful lifestyle in smaller communities. Renovation and development opportunities may also present themselves in the coming years, potentially enhancing the market appeal.
Home Value Estimator For Jerusalem, OH
There are currently 416 real estate properties
in Jerusalem, OH,
with a median automated valuation model (AVM) price
of $156,095.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jerusalem, 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 Jerusalem, OH,
is $202,139.00, with the most expensive house
in Jerusalem, OH, topping out
at $1,624,118.00 and the cheapest home
in Jerusalem, OH,
clocking in at $9,292.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jerusalem, OH!
Rent Prices
In Jerusalem, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jerusalem, OH, is on
a rollercoaster ride. The
average rent price in Jerusalem, OH,
is $1,069.00. Indeed, when looking to rent in
Jerusalem, OH, you can expect to pay as little
as $560.00 or as much
as $1,760.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Jerusalem, 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.