Foreclosure Homes in Marengo, OH

Current Market Conditions in Marengo, OH

The real estate market in Marengo, OH is currently stable, with a growth in interest for properties in the area. There has been a slight increase in home prices over the past few months as more buyers are looking for affordable housing options in a rural setting. The demand for single-family homes continues to rise, which has sparked interest from new residents seeking a quieter lifestyle.

While sales have remained steady, inventory levels remain moderate, creating a balanced market for buyers and sellers alike. The appeal of the area's natural beauty and community spirit has led to a mix of renovations of older homes and new developments, providing a wide array of choices for potential homebuyers.

Rent Prices In Marengo, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marengo, OH, is on a rollercoaster ride. The average rent price in Marengo, OH, is $1,400.00. Indeed, when looking to rent in Marengo, OH, you can expect to pay as little as $580.00 or as much as $2,860.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Marengo, 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.