Woodmere, OH Foreclosures
How much do homes sell for in Woodmere, OH?
The average home price is currently $595,491.
What’s the average rental cost in Woodmere, OH?
The average rental price in Woodmere is $1,666.
What is the most expensive home in Woodmere?
The most expensive home sold in Woodmere had a price of $6,820,989.
What is currently the cheapest priced home in Woodmere, OH?
The cheapest home for sale in Woodmere is priced at $71,773.
Living in Woodmere, OH
Woodmere, OH, is a quaint village offering a suburban atmosphere with easy access to urban amenities. Families can enjoy a well-rated school system, plenty of parks for outdoor activities, and a close-knit community vibe. This area is ideal for those seeking the balance of tranquil living while being connected to the vibrant life of nearby Cleveland.
Current Market Conditions in Woodmere, OH
The real estate market in Woodmere has shown steady growth over the past few years. Currently, homes in the area have been appreciating in value, with both families and investors looking to capitalize on this charming village's attractive offerings. The competition for available properties remains high, particularly among single-family homes that cater to the family demographic that Woodmere attracts.
First-time homebuyers have seen some challenges in this competitive market, as median home prices have continued to rise. However, the low inventory provides sellers with an advantageous position, often leading to multiple offers on desirable properties.
Home Value Estimator For Woodmere, OH
There are currently 61 real estate properties
in Woodmere, OH,
with a median automated valuation model (AVM) price
of $345,048.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Woodmere, 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 Woodmere, OH,
is $595,491.00, with the most expensive house
in Woodmere, OH, topping out
at $6,820,989.00 and the cheapest home
in Woodmere, OH,
clocking in at $71,773.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Woodmere, OH!
Rent Prices
In Woodmere, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Woodmere, OH, is on
a rollercoaster ride. The
average rent price in Woodmere, OH,
is $1,666.00. Indeed, when looking to rent in
Woodmere, OH, you can expect to pay as little
as $1,290.00 or as much
as $3,280.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Woodmere, 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
