Living in Stratton, OH
Stratton, Ohio is a small village located in Jefferson County, known for its close-knit community and rural charm. This village offers a quiet lifestyle with access to beautiful natural surroundings, including the nearby Ohio River. Residents enjoy local parks, small-town events, and a welcoming atmosphere that makes it an appealing place for families and retirees.
Current Market Conditions in Stratton, OH
The real estate market in Stratton, OH has shown steady growth over the past year, with an increase in property values reflecting the area's attractiveness to homebuyers. The demand for homes has risen, particularly among first-time buyers and those looking for second homes near the river.
Current market trends indicate a competitive environment with a low inventory of available homes, leading to quicker sales and bidding wars in some cases. This trend suggests that now may be an opportune time for sellers to list their properties.
Home Value Estimator For Stratton, OH
There are currently 25 real estate properties
in Stratton, OH,
with a median automated valuation model (AVM) price
of $66,130.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Stratton, 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 Stratton, OH,
is $92,117.00, with the most expensive house
in Stratton, OH, topping out
at $285,448.00 and the cheapest home
in Stratton, OH,
clocking in at $11,290.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Stratton, OH!
Rent Prices
In Stratton, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Stratton, OH, is on
a rollercoaster ride. The
average rent price in Stratton, OH,
is $845.00. Indeed, when looking to rent in
Stratton, OH, you can expect to pay as little
as $560.00 or as much
as $1,460.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Stratton, 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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