Melrose, OH Foreclosures
How much do homes sell for in Melrose, OH?
The average home price is currently $93,430.
In Melrose, OH, how many homes are available?
There are currently 18 active home listings available in Melrose.
What’s the average rental cost in Melrose, OH?
The average rental price in Melrose is $922.
What is the most expensive home in Melrose?
The most expensive home sold in Melrose had a price of $259,409.
What is currently the cheapest priced home in Melrose, OH?
The cheapest home for sale in Melrose is priced at $12,379.
Living in Melrose, OH
Melrose, OH is a charming village characterized by its friendly community and serene atmosphere. Residents enjoy diverse recreational opportunities and a range of local amenities, making it ideal for both families and individuals looking for a peaceful retreat. The village boasts a strong community spirit, with various events and activities that draw residents together.
Current Market Conditions in Melrose, OH
The real estate market in Melrose has remained stable, with steady demand for housing driven by its appealing lifestyle and amenities. Buyers can find a blend of older homes with character and newer constructions, meeting the diverse needs of the population.
In recent months, there has been an increase in first-time homebuyers looking to relocate to the area, thereby causing a slight uptick in property prices. However, the market remains accessible compared to larger urban areas, making it a desirable option for many buyers.
Home Value Estimator For Melrose, OH
There are currently 71 real estate properties
in Melrose, OH,
with a median automated valuation model (AVM) price
of $88,933.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Melrose, 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 Melrose, OH,
is $93,430.00, with the most expensive house
in Melrose, OH, topping out
at $259,409.00 and the cheapest home
in Melrose, OH,
clocking in at $12,379.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Melrose, OH!
Rent Prices
In Melrose, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Melrose, OH, is on
a rollercoaster ride. The
average rent price in Melrose, OH,
is $922.00. Indeed, when looking to rent in
Melrose, OH, you can expect to pay as little
as $600.00 or as much
as $1,330.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Melrose, 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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