Mayfield, OH Foreclosures
Current Market Conditions in in Mayfield, OH As of March 2026?
Over the past month, Mayfield's housing market has displayed slight fluctuations in prices, with some areas experiencing upwards movement due to heightened buyer interest as the season transitions. Listings are averaging within the desirable price range, and buyers are making quicker offers as a response to dwindling inventory compared to prior months.
How much do homes sell for in Mayfield, OH?
The average home price is currently $754,084.
In Mayfield, OH, how many homes are available?
There are currently 2 active home listings available in Mayfield.
What’s the average rental cost in Mayfield, OH?
The average rental price in Mayfield is $1,806.
What is the most expensive home in Mayfield?
The most expensive home sold in Mayfield had a price of $10,803,793.
What is currently the cheapest priced home in Mayfield, OH?
The cheapest home for sale in Mayfield is priced at $16,962.
Living in Mayfield, OH
Mayfield, OH, is a delightful suburban community known for its excellent schools, friendly neighborhoods, and abundant recreational opportunities. The area provides a balance between serene living and easy access to the hustle and bustle of Cleveland. With numerous parks and community events, it's an ideal place for families and individuals seeking a welcoming environment.
Buyer vs Seller Market in Mayfield, OH
The real estate market in Mayfield, OH, has shown resilience and modest growth in recent months. With an increasing demand for homes in suburban areas, the prices have steadily been on the rise. The inventory has been relatively low compared to the number of interested buyers, which may lead to competitive bidding for certain desirable properties.
There has been a noticeable interest in single-family homes, particularly those that have been well maintained and updated. Neighborhoods with excellent school districts tend to attract more families, which influences property values positively.
Home Value Estimator For Mayfield, OH
There are currently 169 real estate properties
in Mayfield, OH,
with a median automated valuation model (AVM) price
of $361,995.00. 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, 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, OH,
is $754,084.00, with the most expensive house
in Mayfield, OH, topping out
at $10,803,793.00 and the cheapest home
in Mayfield, OH,
clocking in at $16,962.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mayfield, OH!
Rent Prices
In Mayfield, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mayfield, OH, is on
a rollercoaster ride. The
average rent price in Mayfield, OH,
is $1,806.00. Indeed, when looking to rent in
Mayfield, OH, you can expect to pay as little
as $1,360.00 or as much
as $2,320.00,
with the average rent median estimated to
be $1,710.00. The good news is that finding
an affordable and desirable property to rent in Mayfield, 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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