Living in Kettering, OH
Kettering, Ohio, is a vibrant suburban community known for its excellent schools, family-friendly atmosphere, and a range of recreational opportunities. With its mix of parks, local shops, and dining options, Kettering offers a high quality of life for its residents. Proximity to Dayton further enhances the living experience by providing access to more urban amenities.
Current Market Conditions in Kettering, OH
The Kettering real estate market remains competitive, with a steady demand for homes driven by its appealing suburban lifestyle. As of late 2023, the average home price in Kettering has seen a modest increase, reflecting the area's attractiveness to families and young professionals. Properties are generally selling within a few weeks of listing, showcasing the strong interest from buyers.
Over the past few months, Kettering has experienced a trending shift towards more first-time buyers entering the market, driven by favorable mortgage rates and the availability of starter homes. While inventory levels are still somewhat limited, new developments are underway, promising more options in the coming year.
Home Value Estimator For Kettering, OH
There are currently 3,002 real estate properties
in Kettering, OH,
with a median automated valuation model (AVM) price
of $244,019.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kettering, 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 Kettering, OH,
is $268,702.00, with the most expensive house
in Kettering, OH, topping out
at $6,231,339.00 and the cheapest home
in Kettering, OH,
clocking in at $12,260.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kettering, OH!
Rent Prices
In Kettering, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kettering, OH, is on
a rollercoaster ride. The
average rent price in Kettering, OH,
is $1,165.00. Indeed, when looking to rent in
Kettering, OH, you can expect to pay as little
as $680.00 or as much
as $1,800.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Kettering, 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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