Mayfield Heights, OH Foreclosures
How much do homes sell for in Mayfield Heights, OH?
The average home price is currently $490,852.
In Mayfield Heights, OH, how many homes are available?
There are currently 33 active home listings available in Mayfield Heights.
What’s the average rental cost in Mayfield Heights, OH?
The average rental price in Mayfield Heights is $1,412.
What is the most expensive home in Mayfield Heights?
The most expensive home sold in Mayfield Heights had a price of $100,345,016.
What is currently the cheapest priced home in Mayfield Heights, OH?
The cheapest home for sale in Mayfield Heights is priced at $30,447.
Living in Mayfield Heights, OH
Mayfield Heights is a suburban city located in Cuyahoga County, known for its friendly atmosphere, excellent schools, and community-oriented lifestyle. This vibrant area features a mix of residential neighborhoods and commercial establishments, offering both convenience and tranquility. Residents enjoy access to numerous parks and recreational activities while being just a short drive away from Cleveland's urban amenities.
Current Market Conditions in Mayfield Heights, OH
The real estate market in Mayfield Heights is currently experiencing moderate growth, driven by a steady influx of buyers seeking suburban living. The demand for homes has led to a slight increase in property values, making it an attractive opportunity for investors and first-time homebuyers alike. Listings are moving quickly, particularly in family-friendly neighborhoods close to schools and parks, proving that Mayfield Heights remains a highly desirable destination.
In recent months, interest rates have remained relatively stable, encouraging buyers to enter the market. While inventory is slightly lower than in the previous year, there are still plenty of opportunities for those searching for a home in this welcoming community. Many homes listed have experienced bidding wars, highlighting the competitive nature of the current market.
Home Value Estimator For Mayfield Heights, OH
There are currently 1,425 real estate properties
in Mayfield Heights, OH,
with a median automated valuation model (AVM) price
of $206,626.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mayfield Heights, 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 Mayfield Heights, OH,
is $490,852.00, with the most expensive house
in Mayfield Heights, OH, topping out
at $100,345,016.00 and the cheapest home
in Mayfield Heights, OH,
clocking in at $30,447.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mayfield Heights, OH!
Rent Prices
In Mayfield Heights, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mayfield Heights, OH, is on
a rollercoaster ride. The
average rent price in Mayfield Heights, OH,
is $1,412.00. Indeed, when looking to rent in
Mayfield Heights, OH, you can expect to pay as little
as $590.00 or as much
as $2,330.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Mayfield Heights, 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
