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Preforeclosure Homes in Gallipolis, OH

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2 View this home at Chestnut St Gallipolis OH 45631
Preforeclosure
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$54,712 EMV
Chestnut St
Gallipolis, OH 45631
Single-Family
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3 |
1
|
864
EST. RENT: $840
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AUCTION: 04-03-2024
Single-Family
|
3 |
1
|
864
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Home Value Estimator For Gallipolis, OH

There are currently 4,363 real estate properties in Gallipolis, OH, with a median automated valuation model (AVM) price of $141,858.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gallipolis, 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 Gallipolis, OH, is $163,238.00, with the most expensive house in Gallipolis, OH, topping out at $2,678,000.00 and the cheapest home in Gallipolis, OH, clocking in at $10,647.00. In other words, there’s something for every potential homebuyer or savvy investor in Gallipolis, OH!


Rent Prices In Gallipolis, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gallipolis, OH, is on a rollercoaster ride. The average rent price in Gallipolis, OH, is $1,047.00. Indeed, when looking to rent in Gallipolis, OH, you can expect to pay as little as $490.00 or as much as $2,460.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Gallipolis, 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 Gallipolis, OH In 2024

Gallipolis is located in Gallia, Ohio, with an estimated municipal population of 3,556 residents. All of the best foreclosed homes for sale in Gallipolis are located in the following zip code areas on Foreclosure.com: 45631. The estimated population per square kilometer (.62 miles) in Gallipolis is 381.


Cost Of Living In Gallipolis, OH

So, about how much do homes cost in Gallipolis? The most recent median value of resident-owned homes in Gallipolis is 125,311. An estimated 50.9 percent of households in Gallipolis own their homes, with an average family size of 3.27. The median household income in Gallipolis is 36,719, with15.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gallipolis, the median commute time of resident workers (in minutes) is 22.7. And last, but certainly not least, are you looking for homes to rent in Gallipolis? If so, the average rent price paid by renters in Gallipolis is 672, according to recent statistics.


Diversity And Demographics In Gallipolis, 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 Gallipolis, 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 Gallipolis is 36.8, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Gallipolis is 33.3, with an average family size of 3.27.

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

White 81.3%
Black / African American 5.1%
Asian 2.9%
American Indian / Alaskan Native 2.1%
Native Hawaiian / Other Pacifc Islander 1.1%
Multi-racial 5.1%
Other 2.4%

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

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

Under 10 14.4%
Aged 10-19 10.6%
20s 15.4%
30s 14.4%
40s 6.3%
50s 10.5%
60s 13.2%
70s 9.2%
80+ 6.2%

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


Pros And Cons Of Living In Gallipolis, Ohio

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

  • 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 Gallipolis.


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

Gallipolis, OH Preforeclosure Homes


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