Olmsted Falls, OH Foreclosures
How much do homes sell for in Olmsted Falls, OH?
The average home price is currently $290,375.
In Olmsted Falls, OH, how many homes are available?
There are currently 364 active home listings available in Olmsted Falls.
What’s the average rental cost in Olmsted Falls, OH?
The average rental price in Olmsted Falls is $1,482.
What is the most expensive home in Olmsted Falls?
The most expensive home sold in Olmsted Falls had a price of $18,698,640.
What is currently the cheapest priced home in Olmsted Falls, OH?
The cheapest home for sale in Olmsted Falls is priced at $16,334.
Living in Olmsted Falls, OH
Olmsted Falls, OH, is a picturesque suburb known for its family-friendly environment and natural scenery. The area features top-notch schools, beautiful parks, and a strong community spirit, making it ideal for families and young professionals. With easy access to Cleveland and surrounding attractions, Olmsted Falls perfectly balances tranquility with convenience.
Current Market Conditions in Olmsted Falls, OH
The current real estate market in Olmsted Falls, OH, shows a steady increase in home values, driven by strong demand and limited inventory. Homes within the area are receiving multiple offers, which indicates a competitive market situation. The family-oriented nature of the community, along with its proximity to essential amenities, continues to attract new buyers looking for a suburban lifestyle close to the city.
In the last few months, the market has seen an uptick in interest particularly among first-time homebuyers who appreciate the area's affordable options and great school districts. The properties that are well-maintained and priced adequately tend to sell quickly, often within days of listing. Buyers are also showing interest in homes with larger outdoor spaces as the trend leans towards personal retreats during and after the pandemic.
Home Value Estimator For Olmsted Falls, OH
There are currently 3,803 real estate properties
in Olmsted Falls, OH,
with a median automated valuation model (AVM) price
of $271,370.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olmsted Falls, 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 Olmsted Falls, OH,
is $290,375.00, with the most expensive house
in Olmsted Falls, OH, topping out
at $18,698,640.00 and the cheapest home
in Olmsted Falls, OH,
clocking in at $16,334.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olmsted Falls, OH!
Rent Prices
In Olmsted Falls, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olmsted Falls, OH, is on
a rollercoaster ride. The
average rent price in Olmsted Falls, OH,
is $1,482.00. Indeed, when looking to rent in
Olmsted Falls, OH, you can expect to pay as little
as $740.00 or as much
as $2,680.00,
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 Olmsted Falls, 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.
Learn more on Foreclosure homes
