Summerfield, OH Foreclosures
How much do homes sell for in Summerfield, OH?
The average home price is currently $166,752.
In Summerfield, OH, how many homes are available?
There are currently 8 active home listings available in Summerfield.
What’s the average rental cost in Summerfield, OH?
The average rental price in Summerfield is $1,049.
What is the most expensive home in Summerfield?
The most expensive home sold in Summerfield had a price of $674,379.
What is currently the cheapest priced home in Summerfield, OH?
The cheapest home for sale in Summerfield is priced at $11,300.
Living in Summerfield, OH
Summerfield, OH, is a charming small village nestled in Noble County known for its peaceful atmosphere and friendly community. Ideal for families and outdoor enthusiasts, Summerfield offers access to scenic nature, parks, and local events. With a focus on quality of life and a tight-knit community, Summerfield is the perfect place for those seeking tranquility in a rural setting.
Current Market Conditions in Summerfield, OH
The real estate market in Summerfield is currently experiencing a steady trend in property values, driven by the ongoing desire for rural living and affordable housing. With low inventory levels, homes tend to sell quickly, attracting buyers looking for peaceful landscapes and a strong community. The demand for homes in Summerfield continues to rise as more individuals and families seek respite from urban areas.
In recent months, the market has seen a gradual increase in home sales, particularly among first-time buyers and those seeking investment properties. This trend is likely to continue as the area's affordability and community-oriented lifestyle appeal become more recognized.
Home Value Estimator For Summerfield, OH
There are currently 250 real estate properties
in Summerfield, OH,
with a median automated valuation model (AVM) price
of $128,200.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summerfield, 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 Summerfield, OH,
is $166,752.00, with the most expensive house
in Summerfield, OH, topping out
at $674,379.00 and the cheapest home
in Summerfield, OH,
clocking in at $11,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summerfield, OH!
Rent Prices
In Summerfield, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summerfield, OH, is on
a rollercoaster ride. The
average rent price in Summerfield, OH,
is $1,049.00. Indeed, when looking to rent in
Summerfield, OH, you can expect to pay as little
as $710.00 or as much
as $1,910.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Summerfield, 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
