Foreclosure Homes in Wakeman, OH

Current Market Conditions in Wakeman, OH

The real estate market in Wakeman has shown stability over recent months, with average home prices experiencing a slight increase. The demand for single-family homes is steady, driven by the area's rural charm and community-focused living. Buyers appreciate the affordability of the properties as compared to larger urban areas.

As of late 2023, interest rates remain relatively low, leading to more buyers entering the market. The interest in rural communities has grown due to the increasing trend of remote work, pushing more families to seek homes with larger spaces and access to nature.

Rent Prices In Wakeman, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wakeman, OH, is on a rollercoaster ride. The average rent price in Wakeman, OH, is $1,327.00. Indeed, when looking to rent in Wakeman, OH, you can expect to pay as little as $620.00 or as much as $2,160.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Wakeman, 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.