Living in Scio, OH
Scio, Ohio is a peaceful small town that combines a strong sense of community with scenic beauty. The area offers a variety of outdoor activities and has convenient access to larger cities for additional amenities. It is an ideal location for families and retirees seeking tranquility and community connection.
Current Market Conditions in Scio, OH
The real estate market in Scio, OH is currently experiencing a slight increase in demand, with more families looking to settle in rural towns. This trend is supported by the growing interest in remote work, allowing individuals to choose locations based on lifestyle rather than commuting distance.
Homes in the area are generally affordable, attracting first-time buyers and those looking to downsize. The supply of homes remains competitive, which, combined with low interest rates, is encouraging both new construction and renovations of existing properties.
Home Value Estimator For Scio, OH
There are currently 982 real estate properties
in Scio, OH,
with a median automated valuation model (AVM) price
of $155,911.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scio, 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 Scio, OH,
is $206,354.00, with the most expensive house
in Scio, OH, topping out
at $2,883,469.00 and the cheapest home
in Scio, OH,
clocking in at $11,315.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scio, OH!
Rent Prices
In Scio, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scio, OH, is on
a rollercoaster ride. The
average rent price in Scio, OH,
is $1,081.00. Indeed, when looking to rent in
Scio, OH, you can expect to pay as little
as $560.00 or as much
as $1,910.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Scio, 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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