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Foreclosures in Yankee Lake, OH

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Home Value Estimator For Yankee Lake, OH

There are currently 17 real estate properties in Yankee Lake, OH, with a median automated valuation model (AVM) price of $179,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Yankee Lake, 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 Yankee Lake, OH, is $231,504.00, with the most expensive house in Yankee Lake, OH, topping out at $764,852.00 and the cheapest home in Yankee Lake, OH, clocking in at $49,262.00. In other words, there’s something for every potential homebuyer or savvy investor in Yankee Lake, OH!


Rent Prices In Yankee Lake, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Yankee Lake, OH, is on a rollercoaster ride. The average rent price in Yankee Lake, OH, is $1,032.00. Indeed, when looking to rent in Yankee Lake, OH, you can expect to pay as little as $840.00 or as much as $1,270.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Yankee Lake, 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.


Top Reasons To Live In Yankee Lake, OH In 2024

Yankee Lake is located in Trumbull, Ohio, with an estimated municipal population of 75 residents. All of the best foreclosed homes for sale in Yankee Lake are located in the following zip code areas on Foreclosure.com: 44403. The estimated population per square kilometer (.62 miles) in Yankee Lake is 51.


Cost Of Living In Yankee Lake, OH

So, about how much do homes cost in Yankee Lake? The most recent median value of resident-owned homes in Yankee Lake is 141,688. An estimated 79.1 percent of households in Yankee Lake own their homes, with an average family size of 2.47. The median household income in Yankee Lake is 59,375, with25.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Yankee Lake, the median commute time of resident workers (in minutes) is 25.6.


Diversity And Demographics In Yankee Lake, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Yankee Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Yankee Lake is 56.3, split between 62.1 percent male versus 37.9 female. The percentage of residents who report being married in Yankee Lake is 55.7, with an average family size of 2.47.

The percentage of residents who report their race in Yankee Lake is as follows:

White 90.8%
Black / African American 2.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Yankee Lake? Or maybe you are searching for 55+ active adult communities in and/or near Yankee Lake?

The percentage of residents who report their age in Yankee Lake is as follows:

Under 10 4.6%
Aged 10-19 12.6%
20s 3.4%
30s 4.6%
40s 6.8%
50s 29.8%
60s 12.6%
70s 17.2%
80+ 8%

Best Schools In Yankee Lake, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Yankee Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Yankee Lake.


Pros And Cons Of Living In Yankee Lake, Ohio

How do you know that living in -- or moving to -- Yankee Lake is right where you need to be? Perhaps you grew up in Yankee Lake or already live nearby; therefore, the decision to buy a home in Yankee Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Yankee Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Yankee Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Yankee Lake.


Reasons To Move To Yankee Lake, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Yankee Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Yankee Lake, meanwhile, can field multiple offers from more qualified buyers.

Yankee Lake, OH Foreclosures


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