Reno, OH Foreclosures
How much do homes sell for in Reno, OH?
The average home price is currently $216,917.
In Reno, OH, how many homes are available?
There are currently 1 active home listings available in Reno.
What’s the average rental cost in Reno, OH?
The average rental price in Reno is $1,188.
What is the most expensive home in Reno?
The most expensive home sold in Reno had a price of $829,840.
What is currently the cheapest priced home in Reno, OH?
The cheapest home for sale in Reno is priced at $24,530.
Living in Reno, OH
Reno, Ohio is a small, tranquil community nestled along the Ohio River. This location offers stunning natural scenery and a strong sense of community among its residents. With various parks, recreational activities, and proximity to necessary amenities, Reno appeals to those seeking a peaceful lifestyle.
Current Market Conditions in Reno, OH
The real estate market in Reno has shown signs of stability, with an even balance between sellers and buyers. Homes are typically on the market for a moderate amount of time, as the area is attractive to those looking for affordable housing close to nature and the river.
Buyer demand has increased slightly due to the appeal of small town living, especially following the pandemic, resulting in modest price growth. However, the market remains accessible to first-time homebuyers or those looking to invest in rental properties.
Home Value Estimator For Reno, OH
There are currently 70 real estate properties
in Reno, OH,
with a median automated valuation model (AVM) price
of $203,678.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Reno, 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 Reno, OH,
is $216,917.00, with the most expensive house
in Reno, OH, topping out
at $829,840.00 and the cheapest home
in Reno, OH,
clocking in at $24,530.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Reno, OH!
Rent Prices
In Reno, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Reno, OH, is on
a rollercoaster ride. The
average rent price in Reno, OH,
is $1,188.00. Indeed, when looking to rent in
Reno, OH, you can expect to pay as little
as $690.00 or as much
as $1,790.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Reno, 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
