Mineral Ridge, OH Foreclosures
How much do homes sell for in Mineral Ridge, OH?
The average home price is currently $225,296.
In Mineral Ridge, OH, how many homes are available?
There are currently 11 active home listings available in Mineral Ridge.
What’s the average rental cost in Mineral Ridge, OH?
The average rental price in Mineral Ridge is $977.
What is the most expensive home in Mineral Ridge?
The most expensive home sold in Mineral Ridge had a price of $2,043,417.
What is currently the cheapest priced home in Mineral Ridge, OH?
The cheapest home for sale in Mineral Ridge is priced at $12,091.
Living in Mineral Ridge, OH
Mineral Ridge, Ohio is a quaint suburban community that combines the charm of small-town living with the conveniences of nearby urban centers. Nestled in Trumbull County, the area is ideal for families seeking a peaceful environment with good schools and recreational options. Residents can enjoy easy access to outdoor activities while being just a short drive away from larger cities for work and entertainment.
Current Market Conditions in Mineral Ridge, OH
The real estate market in Mineral Ridge is currently stable with a slight increase in home values over the past year. The low inventory of homes for sale, combined with a steady demand from buyers, indicates a strong market for sellers. Homes are generally selling near their listing prices, and the market is appealing for both first-time buyers and those looking to invest.
In recent months, interest rates have influenced buyer purchasing power, but the overall demand in Mineral Ridge remains strong. Families are particularly drawn to the area's safety, community amenities, and access to quality schools, maintaining a balanced market with both buyers and sellers participating.
Home Value Estimator For Mineral Ridge, OH
There are currently 1,780 real estate properties
in Mineral Ridge, OH,
with a median automated valuation model (AVM) price
of $212,627.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mineral Ridge, 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 Mineral Ridge, OH,
is $225,296.00, with the most expensive house
in Mineral Ridge, OH, topping out
at $2,043,417.00 and the cheapest home
in Mineral Ridge, OH,
clocking in at $12,091.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mineral Ridge, OH!
Rent Prices
In Mineral Ridge, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mineral Ridge, OH, is on
a rollercoaster ride. The
average rent price in Mineral Ridge, OH,
is $977.00. Indeed, when looking to rent in
Mineral Ridge, OH, you can expect to pay as little
as $720.00 or as much
as $1,210.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Mineral Ridge, 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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