There are currently 8,552 real estate properties in Canfield, OH, with a median automated valuation model (AVM) price of $243,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Canfield, 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 Canfield, OH, is $273,984.00, with the most expensive house in Canfield, OH, topping out at $2,350,800.00 and the cheapest home in Canfield, OH, clocking in at $49,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Canfield, OH!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Canfield, OH, is on a rollercoaster ride. The average rent price in Canfield, OH, is $1,094.00. Indeed, when looking to rent in Canfield, OH, you can expect to pay as little as $730.00 or as much as $1,960.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Canfield, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Canfield, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Canfield, OH and much more. Save thousands at closing with home foreclosure listings in Canfield, OH — up to 75% off market value!
Canfield is located in Mahoning, Ohio, with an estimated municipal population of 7,176 residents. All of the best foreclosed homes for sale in Canfield are located in the following zip code areas on Foreclosure.com: 44406. The estimated population per square kilometer (.62 miles) in Canfield is 602.
So, about how much do homes cost in Canfield? The most recent median value of resident-owned homes in Canfield is 173,546. An estimated 88 percent of households in Canfield own their homes, with an average family size of 2.91. The median household income in Canfield is 81,637, with38 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Canfield, the median commute time of resident workers (in minutes) is 26.2. And last, but certainly not least, are you looking for homes to rent in Canfield? If so, the average rent price paid by renters in Canfield is 586, according to recent statistics.
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 Canfield, 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 Canfield is 48.2, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Canfield is 62.7, with an average family size of 2.91.
The percentage of residents who report their race in Canfield is as follows:
|Black / African American||0.3%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Canfield? Or maybe you are searching for 55+ active adult communities in and/or near Canfield?
The percentage of residents who report their age in Canfield is as follows:
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 Canfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Canfield.
How do you know that living in -- or moving to -- Canfield is right where you need to be? Perhaps you grew up in Canfield or already live nearby; therefore, the decision to buy a home in Canfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Canfield 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 Canfield:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Canfield.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Canfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Canfield, meanwhile, can field multiple offers from more qualified buyers.
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