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Foreclosures in Shaker Heights, OH

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Living in Shaker Heights, OH

Shaker Heights, OH, is a picturesque suburb just outside of Cleveland known for its historic homes, top-rated schools, and vibrant community life. With plenty of parks and recreational activities, this area offers residents a high quality of life and easy access to urban amenities. The well-connected public transportation system enhances its appeal to those seeking a commuter-friendly community.

Current Market Conditions in Shaker Heights, OH

The current real estate market in Shaker Heights is competitive, with home prices steadily increasing over recent years. Investors can find a range of property types, including single-family homes, multi-family residences, and historic houses, catering to various demographics and investment strategies.

With the ongoing investment in infrastructure and community development, the demand for homes in Shaker Heights is expected to continue to rise. This trend provides investors with opportunities for appreciation and rental income, making it an attractive market for real estate investment.

Home Value Estimator For Shaker Heights, OH

There are currently 9,083 real estate properties in Shaker Heights, OH, with a median automated valuation model (AVM) price of $319,317.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shaker Heights, 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 Shaker Heights, OH, is $380,635.00, with the most expensive house in Shaker Heights, OH, topping out at $10,133,523.00 and the cheapest home in Shaker Heights, OH, clocking in at $10,747.00. In other words, there’s something for every potential homebuyer or savvy investor in Shaker Heights, OH!

Rent Prices In Shaker Heights, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shaker Heights, OH, is on a rollercoaster ride. The average rent price in Shaker Heights, OH, is $1,841.00. Indeed, when looking to rent in Shaker Heights, OH, you can expect to pay as little as $750.00 or as much as $3,280.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Shaker Heights, 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.

Shaker Heights, OH Foreclosures

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