There are currently 590 real estate properties in Commercial Point, OH, with a median automated valuation model (AVM) price of $340,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Commercial Point, 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 Commercial Point, OH, is $346,158.00, with the most expensive house in Commercial Point, OH, topping out at $1,845,600.00 and the cheapest home in Commercial Point, OH, clocking in at $98,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Commercial Point, OH!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Commercial Point, OH, is on a rollercoaster ride. The average rent price in Commercial Point, OH, is $1,766.00. Indeed, when looking to rent in Commercial Point, OH, you can expect to pay as little as $910.00 or as much as $2,370.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Commercial Point, 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 Commercial Point, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Commercial Point, OH and much more. Save thousands at closing with home foreclosure listings in Commercial Point, OH — up to 75% off market value!
Commercial Point is located in Pickaway, Ohio, with an estimated municipal population of 1,679 residents. All of the best foreclosed homes for sale in Commercial Point are located in the following zip code areas on Foreclosure.com: 43146 43116 43137. The estimated population per square kilometer (.62 miles) in Commercial Point is 206.
So, about how much do homes cost in Commercial Point? The most recent median value of resident-owned homes in Commercial Point is 195,109. An estimated 88.3 percent of households in Commercial Point own their homes, with an average family size of 3.63. The median household income in Commercial Point is 86,058, with42.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Commercial Point, the median commute time of resident workers (in minutes) is 28.7. And last, but certainly not least, are you looking for homes to rent in Commercial Point? If so, the average rent price paid by renters in Commercial Point is 900, 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 Commercial Point, 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 Commercial Point is 33, split between 49.7 percent male versus 50.3 female. The percentage of residents who report being married in Commercial Point is 58.3, with an average family size of 3.63.
The percentage of residents who report their race in Commercial Point is as follows:
|Black / African American||0.3%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Commercial Point? Or maybe you are searching for 55+ active adult communities in and/or near Commercial Point?
The percentage of residents who report their age in Commercial Point 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 Commercial Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Commercial Point.
How do you know that living in -- or moving to -- Commercial Point is right where you need to be? Perhaps you grew up in Commercial Point or already live nearby; therefore, the decision to buy a home in Commercial Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Commercial Point 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 Commercial Point:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Commercial Point.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Commercial Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Commercial Point, meanwhile, can field multiple offers from more qualified buyers.