Living in Philo, OH
Philo, Ohio, a charming village in Muskingum County, is an ideal place for those seeking a peaceful lifestyle. The friendly community, beautiful natural surroundings, and good schools make it perfect for families and retirees. With easy access to larger towns, residents enjoy both tranquility and convenience.
Current Market Conditions in Philo, OH
The Philo real estate market is currently stable, with a diverse range of home types available. The average home price in Philo tends to be more affordable compared to surrounding areas, making it an attractive location for buyers seeking value. Many properties feature land, which is appealing for those interested in gardening or outdoor activities.
Home values in Philo have seen moderate growth over the past year, reflecting a steady interest in the area. The local market offers options for first-time buyers, as well as for those looking to downsize or invest. Real estate listings often include unique properties with historical significance.
Home Value Estimator For Philo, OH
There are currently 729 real estate properties
in Philo, OH,
with a median automated valuation model (AVM) price
of $198,604.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Philo, 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 Philo, OH,
is $212,968.00, with the most expensive house
in Philo, OH, topping out
at $957,049.00 and the cheapest home
in Philo, OH,
clocking in at $14,463.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Philo, OH!
Rent Prices
In Philo, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Philo, OH, is on
a rollercoaster ride. The
average rent price in Philo, OH,
is $899.00. Indeed, when looking to rent in
Philo, OH, you can expect to pay as little
as $470.00 or as much
as $1,670.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Philo, 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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