Lower Salem, OH Foreclosures
How much do homes sell for in Lower Salem, OH?
The average home price is currently $158,823.
In Lower Salem, OH, how many homes are available?
There are currently 1 active home listings available in Lower Salem.
What’s the average rental cost in Lower Salem, OH?
The average rental price in Lower Salem is $1,063.
What is the most expensive home in Lower Salem?
The most expensive home sold in Lower Salem had a price of $1,545,421.
What is currently the cheapest priced home in Lower Salem, OH?
The cheapest home for sale in Lower Salem is priced at $20,608.
Living in Lower Salem, OH
Lower Salem, Ohio, is a peaceful rural community known for its tight-knit atmosphere and beautiful natural surroundings. With outdoor activities and essential amenities nearby, it provides a perfect setting for families or those looking for a slower pace of life. The area's affordability and community spirit make it an attractive choice for home buyers.
Current Market Conditions in Lower Salem, OH
The real estate market in Lower Salem has shown steady growth over the past year, with an increase in demand for single-family homes due to its appealing rural setting. Homes are often valued lower than in nearby urban areas, making them attractive to first-time buyers and those seeking vacation properties.
Recent trends indicate that as more individuals seek refuge from crowded urban areas, the demand for properties in Lower Salem has grown. Consequently, property values have started to rise, albeit at a slower pace, indicating a balanced market that still offers affordability.
Home Value Estimator For Lower Salem, OH
There are currently 468 real estate properties
in Lower Salem, OH,
with a median automated valuation model (AVM) price
of $128,963.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lower Salem, 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 Lower Salem, OH,
is $158,823.00, with the most expensive house
in Lower Salem, OH, topping out
at $1,545,421.00 and the cheapest home
in Lower Salem, OH,
clocking in at $20,608.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lower Salem, OH!
Rent Prices
In Lower Salem, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lower Salem, OH, is on
a rollercoaster ride. The
average rent price in Lower Salem, OH,
is $1,063.00. Indeed, when looking to rent in
Lower Salem, OH, you can expect to pay as little
as $660.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Lower Salem, 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
