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Multi-family Foreclosures in North Olmsted, OH

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North Olmsted, OH Foreclosures

How much do homes sell for in North Olmsted, OH?
The average home price is currently $282,032.
In North Olmsted, OH, how many homes are available?
There are currently 399 active home listings available in North Olmsted.
What’s the average rental cost in North Olmsted, OH?
The average rental price in North Olmsted is $1,457.
What is the most expensive home in North Olmsted?
The most expensive home sold in North Olmsted had a price of $35,379,660.
What is currently the cheapest priced home in North Olmsted, OH?
The cheapest home for sale in North Olmsted is priced at $11,956.

Living in North Olmsted, OH

North Olmsted, OH is a vibrant suburban city known for its family-friendly environment, convenient amenities, and proximity to Cleveland. It boasts excellent schools, diverse parks, and a range of shopping options, making it an ideal place for families and professionals alike. Enjoy a blend of suburban comfort and urban accessibility in this charming community.

Current Market Conditions in North Olmsted, OH

The real estate market in North Olmsted is currently competitive, with rising demand for single-family homes and a steady influx of new residents. Home values have been appreciating as buyers are drawn to the community's amenities and quality of life. The average days on market for listings have decreased, indicating a faster-paced market, particularly for well-priced properties. Potential buyers should be prepared for multiple offer situations, particularly in desirable neighborhoods.

Investors are also showing interest in North Olmsted due to its strong rental market and the area's affordability compared to nearby Cleveland. This trend can lead to potential profit for those willing to invest in rental properties or fixer-uppers.

Home Value Estimator For North Olmsted, OH

There are currently 13,255 real estate properties in North Olmsted, OH, with a median automated valuation model (AVM) price of $272,594.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Olmsted, 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 North Olmsted, OH, is $282,032.00, with the most expensive house in North Olmsted, OH, topping out at $35,379,660.00 and the cheapest home in North Olmsted, OH, clocking in at $11,956.00. In other words, there’s something for every potential homebuyer or savvy investor in North Olmsted, OH!

Rent Prices In North Olmsted, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Olmsted, OH, is on a rollercoaster ride. The average rent price in North Olmsted, OH, is $1,457.00. Indeed, when looking to rent in North Olmsted, OH, you can expect to pay as little as $560.00 or as much as $2,320.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in North Olmsted, 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.

North Olmsted, OH Multi-family Homes


Market Trend for North Olmsted, OH

Total Listings Available: 399

Market Values:

Home Prices from $11,956 to $35,379,660

Average Sales Price: $282,032

Rental Values:

Rental from $560 to $2,320

Average Rent Value: $1,457 / month

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