Mayfield Hts, OH Foreclosures
How much do homes sell for in Mayfield Hts, OH?
The average home price is currently $321,075.
What’s the average rental cost in Mayfield Hts, OH?
The average rental price in Mayfield Hts is $1,616.
What is the most expensive home in Mayfield Hts?
The most expensive home sold in Mayfield Hts had a price of $1,295,141.
What is currently the cheapest priced home in Mayfield Hts, OH?
The cheapest home for sale in Mayfield Hts is priced at $120,063.
Living in Mayfield Hts, OH
Mayfield Heights is a vibrant suburban community in Ohio, recognized for its family-friendly environment and strong community spirit. With various amenities, green spaces, and excellent schools, it offers the perfect blend of comfort and convenience. The area is well-connected to major highways, making commuting simple and efficient.
Current Market Conditions in Mayfield Hts, OH
The real estate market in Mayfield Heights has shown steady growth over the past year, driven by an increasing demand for suburban living amidst the COVID-19 pandemic. With more people seeking homes that provide space and community, buyers are becoming more active in the market, leading to a competitive atmosphere.
Home prices have appreciated by approximately 6% over the last year, reflecting the popularity of the area among families and young professionals. Listings are moving quickly, often receiving multiple offers, which suggests a robust seller's market.
Home Value Estimator For Mayfield Hts, OH
There are currently 633 real estate properties
in Mayfield Hts, OH,
with a median automated valuation model (AVM) price
of $293,904.00. 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 Hts, 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 Hts, OH,
is $321,075.00, with the most expensive house
in Mayfield Hts, OH, topping out
at $1,295,141.00 and the cheapest home
in Mayfield Hts, OH,
clocking in at $120,063.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mayfield Hts, OH!
Rent Prices
In Mayfield Hts, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mayfield Hts, OH, is on
a rollercoaster ride. The
average rent price in Mayfield Hts, OH,
is $1,616.00. Indeed, when looking to rent in
Mayfield Hts, OH, you can expect to pay as little
as $1,050.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,550.00. The good news is that finding
an affordable and desirable property to rent in Mayfield Hts, 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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