Living in University Hts, OH
University Heights, OH is a delightful suburb of Cleveland that combines a strong sense of community with easy access to urban life. Known for its tree-lined streets, excellent schools, and proximity to higher education institutions, it's an ideal location for families and professionals alike. Residents enjoy a variety of parks and local amenities, making this area a perfect choice for those seeking a vibrant yet peaceful living environment.
Current Market Conditions in University Hts, OH
The real estate market in University Heights has shown significant resilience in recent months. Listings are moving quickly, with many homes receiving multiple offers, often above the asking price. The increasing demand can largely be attributed to the area’s desirable school districts and community feel, making it a hotspot for both families and professionals.
Homes in University Heights tend to retain value better than in some neighboring suburbs, reflecting the area’s stable employment opportunities and ongoing community investments. Buyers are keen on properties here due to the overall lifestyle benefits, including access to parks, local amenities, and proximity to downtown Cleveland.
Home Value Estimator For University Hts, OH
There are currently 56 real estate properties
in University Hts, OH,
with a median automated valuation model (AVM) price
of $303,446.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in University Hts, 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 University Hts, OH,
is $325,309.00, with the most expensive house
in University Hts, OH, topping out
at $763,501.00 and the cheapest home
in University Hts, OH,
clocking in at $202,078.00. In other words, there’s
something for every potential homebuyer
or savvy investor in University Hts, OH!
Rent Prices
In University Hts, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in University Hts, OH, is on
a rollercoaster ride. The
average rent price in University Hts, OH,
is $1,569.00. Indeed, when looking to rent in
University Hts, OH, you can expect to pay as little
as $1,140.00 or as much
as $2,270.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in University Hts, 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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