Foreclosure Homes in Mount Gilead, OH

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View this home at Lincoln Ave Mount Gilead OH 43338
$144,960 EMV
Lincoln Ave
Mount Gilead, OH 43338
3 |
EST. RENT: $1,230
AUCTION: 05-10-2024
3 |
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Mount Gilead, OH Foreclosures

How much do homes sell for in Mount Gilead, OH?
The average home price is currently $214,902.
In Mount Gilead, OH, how many homes are available?
There are currently 3,649 active home listings available in Mount Gilead.
What’s the average rental cost in Mount Gilead, OH?
The average rental price in Mount Gilead is $1,242.
What is the most expensive home in Mount Gilead, Ohio?
The most expensive home sold in Mount Gilead had a price of $1,707,641.
What is currently the cheapest priced home in Mount Gilead, OH?
The cheapest home for sale in Mount Gilead is priced at $10,900.

Home Value Estimator For Mount Gilead, OH

There are currently 3,649 real estate properties in Mount Gilead, OH, with a median automated valuation model (AVM) price of $185,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Gilead, 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 Mount Gilead, OH, is $214,902.00, with the most expensive house in Mount Gilead, OH, topping out at $1,707,641.00 and the cheapest home in Mount Gilead, OH, clocking in at $10,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Gilead, OH!

Rent Prices In Mount Gilead, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Gilead, OH, is on a rollercoaster ride. The average rent price in Mount Gilead, OH, is $1,242.00. Indeed, when looking to rent in Mount Gilead, OH, you can expect to pay as little as $530.00 or as much as $2,320.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Mount Gilead, 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 Mount Gilead, OH In 2024

Mount Gilead is located in Morrow, Ohio, with an estimated municipal population of 3,678 residents. All of the best foreclosed homes for sale in Mount Gilead are located in the following zip code areas on 43338. The estimated population per square kilometer (.62 miles) in Mount Gilead is 419.

Cost Of Living In Mount Gilead, OH

So, about how much do homes cost in Mount Gilead? The most recent median value of resident-owned homes in Mount Gilead is 101,379. An estimated 58.3 percent of households in Mount Gilead own their homes, with an average family size of 3.04. The median household income in Mount Gilead is 35,660, with18 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mount Gilead, the median commute time of resident workers (in minutes) is 28.5. And last, but certainly not least, are you looking for homes to rent in Mount Gilead? If so, the average rent price paid by renters in Mount Gilead is 591, according to recent statistics.

Diversity And Demographics In Mount Gilead, 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 Mount Gilead, 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 Mount Gilead is 42.1, split between 43.7 percent male versus 56.3 female. The percentage of residents who report being married in Mount Gilead is 34.5, with an average family size of 3.04.

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

White 92.3%
Black / African American 1.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.1%
Other 0%

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

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

Under 10 14.1%
Aged 10-19 14.7%
20s 8.6%
30s 11.8%
40s 11.8%
50s 13.8%
60s 9.1%
70s 7.8%
80+ 8.3%

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

Pros And Cons Of Living In Mount Gilead, Ohio

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

  • 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 Mount Gilead.

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

Mount Gilead, OH Foreclosures


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