Bankruptcy Homes in Lowellville, OH

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Home Value Estimator For Lowellville, OH

There are currently 1,437 real estate properties in Lowellville, OH, with a median automated valuation model (AVM) price of $139,004.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lowellville, 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 Lowellville, OH, is $170,436.00, with the most expensive house in Lowellville, OH, topping out at $824,738.00 and the cheapest home in Lowellville, OH, clocking in at $16,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Lowellville, OH!

Rent Prices In Lowellville, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lowellville, OH, is on a rollercoaster ride. The average rent price in Lowellville, OH, is $1,009.00. Indeed, when looking to rent in Lowellville, OH, you can expect to pay as little as $730.00 or as much as $1,240.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Lowellville, 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 Lowellville, OH In 2024

Lowellville is located in Mahoning, Ohio, with an estimated municipal population of 1,092 residents. All of the best foreclosed homes for sale in Lowellville are located in the following zip code areas on 44436. The estimated population per square kilometer (.62 miles) in Lowellville is 309.

Cost Of Living In Lowellville, OH

So, about how much do homes cost in Lowellville? The most recent median value of resident-owned homes in Lowellville is 77,329. An estimated 69.7 percent of households in Lowellville own their homes, with an average family size of 2.95. The median household income in Lowellville is 48,750, with15.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lowellville, the median commute time of resident workers (in minutes) is 20. And last, but certainly not least, are you looking for homes to rent in Lowellville? If so, the average rent price paid by renters in Lowellville is 588, according to recent statistics.

Diversity And Demographics In Lowellville, 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 Lowellville, 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 Lowellville is 45.1, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Lowellville is 43.9, with an average family size of 2.95.

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

White 96.5%
Black / African American 2.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 0.5%

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

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

Under 10 9.2%
Aged 10-19 12.6%
20s 15.2%
30s 6.5%
40s 12.6%
50s 17.1%
60s 15.3%
70s 5.2%
80+ 6.3%

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

Pros And Cons Of Living In Lowellville, Ohio

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

  • 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 Lowellville.

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

Lowellville, OH Bankruptcy Homes


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