Reno, OH Foreclosures
How much do homes sell for in Reno, OH?
The average home price is currently $229,223.
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 $24,473.
Living in Reno, OH
Reno, Ohio, is a charming village located alongside the Ohio River with a serene atmosphere perfect for families and retirees. The community features local businesses, parks, and easy access to outdoor activities, promoting an active and engaged lifestyle. Its friendly residents and beautiful surroundings make Reno an ideal place to call home.
Current Market Conditions in Reno, OH
The real estate market in Reno has remained relatively stable over the past year, with modest price increases due to ongoing demand for housing in rural areas. Many buyers are drawn to the quality of life and the affordability of homes in this region, offering a refreshing alternative to urban living.
As the trend of moving away from cities continues, Reno's home prices are expected to appreciate steadily. Buyers are showing increased interest in properties with larger lots and proximity to recreational amenities, further driving the market.
Home Value Estimator For Reno, OH
There are currently 127 real estate properties
in Reno, OH,
with a median automated valuation model (AVM) price
of $209,875.00. 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 $229,223.00, with the most expensive house
in Reno, OH, topping out
at $829,840.00 and the cheapest home
in Reno, OH,
clocking in at $24,473.00. 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
