Preforeclosure Homes in Canal Winchester, OH

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View this home at Coble Bowman Way Canal Winchester OH 43110
$181,112 EMV
Coble Bowman Way
Canal Winchester, OH 43110
3 |
EST. RENT: $1,171
AUCTION: 04-26-2024
3 |
View this home at Winding Path Dr Canal Winchester OH 43110
Winding Path Dr
Canal Winchester, OH 43110
AUCTION: 05-31-2024
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Home Value Estimator For Canal Winchester, OH

There are currently 11,190 real estate properties in Canal Winchester, OH, with a median automated valuation model (AVM) price of $282,703.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Canal Winchester, 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 Canal Winchester, OH, is $310,462.00, with the most expensive house in Canal Winchester, OH, topping out at $6,888,600.00 and the cheapest home in Canal Winchester, OH, clocking in at $19,193.00. In other words, there’s something for every potential homebuyer or savvy investor in Canal Winchester, OH!

Rent Prices In Canal Winchester, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Canal Winchester, OH, is on a rollercoaster ride. The average rent price in Canal Winchester, OH, is $1,498.00. Indeed, when looking to rent in Canal Winchester, OH, you can expect to pay as little as $620.00 or as much as $2,940.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Canal Winchester, 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 Canal Winchester, OH In 2024

Canal Winchester is located in Fairfield, Ohio, with an estimated municipal population of 8,818 residents. All of the best foreclosed homes for sale in Canal Winchester are located in the following zip code areas on 43110. The estimated population per square kilometer (.62 miles) in Canal Winchester is 456.

Cost Of Living In Canal Winchester, OH

So, about how much do homes cost in Canal Winchester? The most recent median value of resident-owned homes in Canal Winchester is 196,167. An estimated 81.1 percent of households in Canal Winchester own their homes, with an average family size of 3.22. The median household income in Canal Winchester is 95,647, with46.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Canal Winchester, the median commute time of resident workers (in minutes) is 30.6. And last, but certainly not least, are you looking for homes to rent in Canal Winchester? If so, the average rent price paid by renters in Canal Winchester is 1,173, according to recent statistics.

Diversity And Demographics In Canal Winchester, 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 Canal Winchester, 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 Canal Winchester is 41.8, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Canal Winchester is 57.7, with an average family size of 3.22.

The percentage of residents who report their race in Canal Winchester is as follows:

White 90.2%
Black / African American 4.7%
Asian 1.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.8%
Other 0%

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

The percentage of residents who report their age in Canal Winchester is as follows:

Under 10 11.3%
Aged 10-19 14.6%
20s 8.3%
30s 13.1%
40s 11.6%
50s 13.2%
60s 13.5%
70s 7.8%
80+ 6.6%

Best Schools In Canal Winchester, 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 Canal Winchester with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Canal Winchester.

Pros And Cons Of Living In Canal Winchester, Ohio

How do you know that living in -- or moving to -- Canal Winchester is right where you need to be? Perhaps you grew up in Canal Winchester or already live nearby; therefore, the decision to buy a home in Canal Winchester is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Canal Winchester 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 Canal Winchester:

  • 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 Canal Winchester.

Reasons To Move To Canal Winchester, 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 Canal Winchester can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Canal Winchester, meanwhile, can field multiple offers from more qualified buyers.

Canal Winchester, OH Preforeclosure Homes


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