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Foreclosure Homes in Hanging Rock, OH

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Home Value Estimator For Hanging Rock, OH

There are currently 32 real estate properties in Hanging Rock, OH, with a median automated valuation model (AVM) price of $115,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hanging Rock, 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 Hanging Rock, OH, is $117,478.00, with the most expensive house in Hanging Rock, OH, topping out at $242,300.00 and the cheapest home in Hanging Rock, OH, clocking in at $32,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Hanging Rock, OH!


Rent Prices In Hanging Rock, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hanging Rock, OH, is on a rollercoaster ride. The average rent price in Hanging Rock, OH, is $1,064.00. Indeed, when looking to rent in Hanging Rock, OH, you can expect to pay as little as $740.00 or as much as $1,490.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Hanging Rock, 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 Hanging Rock, OH

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


Top Reasons To Live In Hanging Rock, OH In 2021

Hanging Rock is located in Lawrence, Ohio, with an estimated municipal population of 209 residents. All of the best foreclosed homes for sale in Hanging Rock are located in the following zip code areas on Foreclosure.com: 45638. The estimated population per square kilometer (.62 miles) in Hanging Rock is 145.


Cost Of Living In Hanging Rock, OH

So, about how much do homes cost in Hanging Rock? The most recent median value of resident-owned homes in Hanging Rock is 103,513. An estimated 88.3 percent of households in Hanging Rock own their homes, with an average family size of 2.74. The median household income in Hanging Rock is 42,500, with22.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hanging Rock, 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 Hanging Rock? If so, the average rent price paid by renters in Hanging Rock is 575, according to recent statistics.


Diversity And Demographics In Hanging Rock, 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 Hanging Rock, 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 Hanging Rock is 49, split between 52 percent male versus 48 female. The percentage of residents who report being married in Hanging Rock is 54.7, with an average family size of 2.74.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 5.6%
Aged 10-19 6.1%
20s 12.2%
30s 14.3%
40s 13.8%
50s 16.3%
60s 18.8%
70s 4.6%
80+ 8.1%

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


Pros And Cons Of Living In Hanging Rock, Ohio

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

  • 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 Hanging Rock.


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

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