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Rent To Own Homes in Painesville, OH

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33 Madison-ave-Painesville-OH-44077
Rent to Own

Madison Ave
Painesville, OH 44077

5 Bed | 4 Bath

Cedarbrook-dr-Painesville-OH-44077
Preforeclosure NEW
$115,333 EMV

Cedarbrook Dr
Painesville, OH 44077

3 Bed | 1 Bath | 949 Sq. Ft.

Academy-ct-Painesville-OH-44077
Preforeclosure
$107,604 EMV

Academy Ct
Painesville, OH 44077

3 Bed | 1.5 Bath | 1,144 Sq. Ft.

Normandy-dr-Painesville-OH-44077
Preforeclosure
$155,550 EMV

Normandy Dr
Painesville, OH 44077

3 Bed | 2 Bath | 1,960 Sq. Ft.

Rolling-acres-ct-Concord-township-OH-44077
Preforeclosure

Rolling Acres Ct
Concord Township, OH 44077

4 Bed | 4 Bath | 2,341 Sq. Ft.

Paine-rd-Painesville-OH-44077
Preforeclosure
$131,688 EMV

Paine Rd
Painesville, OH 44077

2 Bed | 1 Bath | 864 Sq. Ft.

Rolling-acres-ct-Painesville-OH-44077
Preforeclosure
$344,665 EMV

Rolling Acres Ct
Painesville, OH 44077

4 Bed | 3 Bath | 2,341 Sq. Ft.

Timberlane-dr-Painesville-OH-44077
Preforeclosure
$292,261 EMV

Timberlane Dr
Painesville, OH 44077

4 Bed | 1.5 Bath | 2,466 Sq. Ft.

S-saint-clair-st-Painesville-OH-44077
Preforeclosure
$116,543 EMV

S Saint Clair St
Painesville, OH 44077

Fanwood-dr-Painesville-OH-44077
Preforeclosure
$208,760 EMV

Fanwood Dr
Painesville, OH 44077

4 Bed | 4 Bath | 2,029 Sq. Ft.

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Home Value Estimator For Painesville, OH

There are currently 17,653 real estate properties in Painesville, OH, with a median automated valuation model (AVM) price of $180,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Painesville, 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 Painesville, OH, is $205,354.00, with the most expensive house in Painesville, OH, topping out at $4,793,400.00 and the cheapest home in Painesville, OH, clocking in at $29,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Painesville, OH!


Rent Prices In Painesville, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Painesville, OH, is on a rollercoaster ride. The average rent price in Painesville, OH, is $1,289.00. Indeed, when looking to rent in Painesville, OH, you can expect to pay as little as $630.00 or as much as $2,350.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Painesville, 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.


Foreclosure Homes in Painesville, OH

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Painesville, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Painesville, OH and much more. Save thousands at closing with home foreclosure listings in Painesville, OH — up to 75% off market value!


Top Reasons To Live In Painesville, OH In 2021

Painesville is located in Lake, Ohio, with an estimated municipal population of 19,886 residents. All of the best foreclosed homes for sale in Painesville are located in the following zip code areas on Foreclosure.com: 44077. The estimated population per square kilometer (.62 miles) in Painesville is 1,124.


Cost Of Living In Painesville, OH

So, about how much do homes cost in Painesville? The most recent median value of resident-owned homes in Painesville is 103,447. An estimated 49.8 percent of households in Painesville own their homes, with an average family size of 3.23. The median household income in Painesville is 49,448, with14.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Painesville, the median commute time of resident workers (in minutes) is 22.1. And last, but certainly not least, are you looking for homes to rent in Painesville? If so, the average rent price paid by renters in Painesville is 780, according to recent statistics.


Diversity And Demographics In Painesville, 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 Painesville, 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 Painesville is 31, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Painesville is 39, with an average family size of 3.23.

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

White 67%
Black / African American 16%
Asian 0.8%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 8.7%
Other 7.2%

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

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

Under 10 15.9%
Aged 10-19 15.9%
20s 16.1%
30s 14.7%
40s 11.9%
50s 10.2%
60s 8.7%
70s 4%
80+ 2.7%

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


Pros And Cons Of Living In Painesville, Ohio

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

  • 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 Painesville.


Reasons To Move To Painesville, Ohio, In 2021

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

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Listing types in Painesville, OH

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