Living in Reno, OH
Reno, Ohio, is a serene community that offers a cozy small-town vibe. With beautiful river views and plenty of outdoor activities, it's ideal for families and nature lovers alike. Close to larger urban centers, Reno provides both tranquility and convenience.
Current Market Conditions in Reno, OH
Reno has seen a steady increase in real estate activity over the past few months, with homes becoming increasingly sought-after due to the area's natural beauty and low cost of living. The demand for housing in small towns is on the rise, as many buyers are looking to escape urban environments for the peace and tranquility that places like Reno offer.
Currently, the housing market in Reno remains competitive, with limited inventory leading to quicker sales. The ongoing trend of remote work has prompted more individuals and families to consider relocating to rural areas, making Reno a desirable option for those seeking a quieter lifestyle.
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 $202,976.00. 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 $218,699.00, with the most expensive house
in Reno, OH, topping out
at $829,840.00 and the cheapest home
in Reno, OH,
clocking in at $24,686.00. 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.
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