Short Sale Listings in Garrettsville, OH

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Home Value Estimator For Garrettsville, OH

There are currently 2,457 real estate properties in Garrettsville, OH, with a median automated valuation model (AVM) price of $235,646.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garrettsville, 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 Garrettsville, OH, is $255,842.00, with the most expensive house in Garrettsville, OH, topping out at $2,353,500.00 and the cheapest home in Garrettsville, OH, clocking in at $15,935.00. In other words, there’s something for every potential homebuyer or savvy investor in Garrettsville, OH!

Rent Prices In Garrettsville, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garrettsville, OH, is on a rollercoaster ride. The average rent price in Garrettsville, OH, is $1,287.00. Indeed, when looking to rent in Garrettsville, OH, you can expect to pay as little as $580.00 or as much as $2,300.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Garrettsville, 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 Garrettsville, OH In 2024

Garrettsville is located in Portage, Ohio, with an estimated municipal population of 2,315 residents. All of the best foreclosed homes for sale in Garrettsville are located in the following zip code areas on 44231. The estimated population per square kilometer (.62 miles) in Garrettsville is 351.

Cost Of Living In Garrettsville, OH

So, about how much do homes cost in Garrettsville? The most recent median value of resident-owned homes in Garrettsville is 168,671. An estimated 60.6 percent of households in Garrettsville own their homes, with an average family size of 2.94. The median household income in Garrettsville is 53,068, with17.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Garrettsville, the median commute time of resident workers (in minutes) is 30.9. And last, but certainly not least, are you looking for homes to rent in Garrettsville? If so, the average rent price paid by renters in Garrettsville is 714, according to recent statistics.

Diversity And Demographics In Garrettsville, 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 Garrettsville, 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 Garrettsville is 41.5, split between 50 percent male versus 50 female. The percentage of residents who report being married in Garrettsville is 46.1, with an average family size of 2.94.

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

White 97.3%
Black / African American 0%
Asian 1.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0.3%

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

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

Under 10 9%
Aged 10-19 16.4%
20s 10.3%
30s 11%
40s 14.3%
50s 13%
60s 13.9%
70s 8.1%
80+ 4.2%

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

Pros And Cons Of Living In Garrettsville, Ohio

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

  • 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 Garrettsville.

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

Garrettsville, OH Short Sale Listings


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