Litchfield, OH Foreclosures
How much do homes sell for in Litchfield, OH?
The average home price is currently $385,165.
In Litchfield, OH, how many homes are available?
There are currently 2 active home listings available in Litchfield.
What’s the average rental cost in Litchfield, OH?
The average rental price in Litchfield is $1,547.
What is the most expensive home in Litchfield?
The most expensive home sold in Litchfield had a price of $1,389,800.
What is currently the cheapest priced home in Litchfield, OH?
The cheapest home for sale in Litchfield is priced at $22,745.
Living in Litchfield, OH
Litchfield is a charming small town in Medina County, Ohio, known for its serene landscapes and family-friendly atmosphere. The town offers a variety of outdoor activities, including hiking and biking trails, as well as numerous parks and recreational facilities. With a strong sense of community, Litchfield provides residents with a peaceful lifestyle while maintaining convenient access to larger urban centers nearby.
Current Market Conditions in Litchfield, OH
The real estate market in Litchfield, OH, remains stable with a healthy demand for single-family homes. Currently, the median home price is around $250,000. The town has seen steady growth in population, attracting families seeking more affordable housing options compared to nearby urban areas. Homes tend to sell quickly, particularly those that are well-maintained and attractively priced.
There is a notable increase in the development of new homes in Litchfield, with builders taking advantage of the town's spacious lots and scenic surroundings. The community actively supports local real estate initiatives, making it an attractive option for potential buyers.
Home Value Estimator For Litchfield, OH
There are currently 1,305 real estate properties
in Litchfield, OH,
with a median automated valuation model (AVM) price
of $366,483.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Litchfield, 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 Litchfield, OH,
is $385,165.00, with the most expensive house
in Litchfield, OH, topping out
at $1,389,800.00 and the cheapest home
in Litchfield, OH,
clocking in at $22,745.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Litchfield, OH!
Rent Prices
In Litchfield, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Litchfield, OH, is on
a rollercoaster ride. The
average rent price in Litchfield, OH,
is $1,547.00. Indeed, when looking to rent in
Litchfield, OH, you can expect to pay as little
as $850.00 or as much
as $2,810.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Litchfield, 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.
Learn more on Foreclosure homes
