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Rent To Own Homes in Terrace Park, OH

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Terrace Park, OH Foreclosures

How much do homes sell for in Terrace Park, OH?
The average home price is currently $814,252.
In Terrace Park, OH, how many homes are available?
There are currently 1,842 active home listings available in Terrace Park.
What’s the average rental cost in Terrace Park, OH?
The average rental price in Terrace Park is $2,009.
What is the most expensive home in Terrace Park?
The most expensive home sold in Terrace Park had a price of $3,491,177.
What is currently the cheapest priced home in Terrace Park, OH?
The cheapest home for sale in Terrace Park is priced at $27,227.

Living in Terrace Park, OH

Terrace Park, located in Ohio, is a quaint village known for its beautiful homes and family-friendly environment. The village offers ample outdoor spaces, a strong school district, and a serene lifestyle, making it an attractive place to live. With easy access to both nature and urban amenities, residents enjoy the best of both worlds.

Current Market Conditions in Terrace Park, OH

The real estate market in Terrace Park is currently experiencing a steady demand, with property values appreciating due to the area's desirability. Many buyers are drawn to the serene lifestyle and excellent school district, making homes in this village highly sought after.

Recently, Terrace Park has seen an influx of renovations and new constructions, reflecting the vibrant interest in the community from both new residents and investors.

Home Value Estimator For Terrace Park, OH

There are currently 927 real estate properties in Terrace Park, OH, with a median automated valuation model (AVM) price of $755,440.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Terrace Park, 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 Terrace Park, OH, is $814,252.00, with the most expensive house in Terrace Park, OH, topping out at $3,491,177.00 and the cheapest home in Terrace Park, OH, clocking in at $27,227.00. In other words, there’s something for every potential homebuyer or savvy investor in Terrace Park, OH!

Rent Prices In Terrace Park, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terrace Park, OH, is on a rollercoaster ride. The average rent price in Terrace Park, OH, is $2,009.00. Indeed, when looking to rent in Terrace Park, OH, you can expect to pay as little as $960.00 or as much as $2,600.00, with the average rent median estimated to be $2,040.00. The good news is that finding an affordable and desirable property to rent in Terrace Park, 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.

Terrace Park, OH Rent To Own Homes

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