Land Foreclosures in Oberlin, OH

Current Market Conditions in Oberlin, OH

The real estate market in Oberlin is currently seeing moderate activity with a mixture of historical homes and newer constructions. The demand for properties, particularly amidst families and college staff, has kept home prices relatively stable with some upward trends in specific neighborhoods.

Investors are taking an interest in both rental properties and single-family homes, particularly as college students return to campus, increasing the rental market dynamics. Renovations and improvements on older homes are also becoming a popular trend.

As of late, the market reflects a healthy mix of affordability for buyers and reasonable rental prices for tenants, which is keeping interest high in the community.

Rent Prices In Oberlin, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oberlin, OH, is on a rollercoaster ride. The average rent price in Oberlin, OH, is $1,384.00. Indeed, when looking to rent in Oberlin, OH, you can expect to pay as little as $610.00 or as much as $2,700.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Oberlin, 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.