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Preforeclosure Homes in Vermilion, OH 44089

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Vermilion, OH Foreclosures

How much do homes sell for in Vermilion, OH?
The average home price is currently $307,118.
In Vermilion, OH, how many homes are available?
There are currently 6 active home listings available in Vermilion.
What’s the average rental cost in Vermilion, OH?
The average rental price in Vermilion is $1,276.
What is the most expensive home in Vermilion?
The most expensive home sold in Vermilion had a price of $6,098,196.
What is currently the cheapest priced home in Vermilion, OH?
The cheapest home for sale in Vermilion is priced at $20,528.

Living in Vermilion, OH

Vermilion, located on the shores of Lake Erie, blends natural beauty with a vibrant community spirit. The town offers a variety of outdoor activities ranging from boating to fishing, along with excellent schools. Its downtown features shops and parks, making it an ideal place for families and individuals seeking a quiet yet engaging lifestyle.

Current Market Conditions in Vermilion, OH

Vermilion's real estate market has shown steady growth over the past year, with home prices appreciating due to its charm and proximity to Lake Erie. The demand for waterfront properties continues to attract buyers, making this a competitive market for sellers and an appealing opportunity for buyers looking for investment.

As more people seek second homes or vacation properties near the coast, Vermilion has seen an influx of interest, pushing prices upward and prompting a tighter inventory as listings move quickly.

Home Value Estimator For Vermilion, OH

There are currently 7,018 real estate properties in Vermilion, OH, with a median automated valuation model (AVM) price of $261,773.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Vermilion, 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 Vermilion, OH, is $307,118.00, with the most expensive house in Vermilion, OH, topping out at $6,098,196.00 and the cheapest home in Vermilion, OH, clocking in at $20,528.00. In other words, there’s something for every potential homebuyer or savvy investor in Vermilion, OH!

Rent Prices In Vermilion, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vermilion, OH, is on a rollercoaster ride. The average rent price in Vermilion, OH, is $1,276.00. Indeed, when looking to rent in Vermilion, OH, you can expect to pay as little as $580.00 or as much as $2,420.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Vermilion, 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.

Vermilion, OH 44089 Preforeclosure Homes


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