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Preforeclosure Homes in Kent, OH 44240

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Living in Kent, OH

Kent, Ohio, merges a rich cultural heritage with modern amenities, making it an attractive location for both residents and investors. The presence of Kent State University provides a youthful energy and economic stability. With beautiful parks and efficient transportation, Kent is an ideal community for families and young professionals alike.

Current Market Conditions in Kent, OH

The real estate market in Kent is currently seeing a steady increase in property values due to a growing economy and development initiatives. Investors are noticing the appeal of home buyers attracted to the university town atmosphere, leading to a competitive housing market. With a blend of single-family homes and multi-unit properties, there are diverse investment opportunities available.

Rental demand is also on the rise, driven by an influx of students and professionals, ensuring a good return on investment for landlords. The city's ongoing revitalization projects are expected to further enhance property values, making it an opportune time for real estate investments.

Home Value Estimator For Kent, OH

There are currently 10,986 real estate properties in Kent, OH, with a median automated valuation model (AVM) price of $232,201.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kent, 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 Kent, OH, is $277,618.00, with the most expensive house in Kent, OH, topping out at $41,201,872.00 and the cheapest home in Kent, OH, clocking in at $15,268.00. In other words, there’s something for every potential homebuyer or savvy investor in Kent, OH!

Rent Prices In Kent, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kent, OH, is on a rollercoaster ride. The average rent price in Kent, OH, is $1,335.00. Indeed, when looking to rent in Kent, OH, you can expect to pay as little as $500.00 or as much as $2,340.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Kent, 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.

Kent, OH 44240 Preforeclosure Homes


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