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There are currently 72 real estate properties in Seven Mile, OH, with a median automated valuation model (AVM) price of $195,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Seven Mile, 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 Seven Mile, OH, is $195,996.00, with the most expensive house in Seven Mile, OH, topping out at $468,200.00 and the cheapest home in Seven Mile, OH, clocking in at $63,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Seven Mile, OH!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Seven Mile, OH, is on a rollercoaster ride. The average rent price in Seven Mile, OH, is $1,168.00. Indeed, when looking to rent in Seven Mile, OH, you can expect to pay as little as $750.00 or as much as $1,750.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Seven Mile, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Seven Mile, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Seven Mile, OH and much more. Save thousands at closing with home foreclosure listings in Seven Mile, OH — up to 75% off market value!
Seven Mile is located in Butler, Ohio, with an estimated municipal population of 784 residents. All of the best foreclosed homes for sale in Seven Mile are located in the following zip code areas on Foreclosure.com: 45062 45011. The estimated population per square kilometer (.62 miles) in Seven Mile is 418.
So, about how much do homes cost in Seven Mile? The most recent median value of resident-owned homes in Seven Mile is 121,627. An estimated 82.8 percent of households in Seven Mile own their homes, with an average family size of 3.42. The median household income in Seven Mile is 55,625, with30.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Seven Mile, the median commute time of resident workers (in minutes) is 29.3. And last, but certainly not least, are you looking for homes to rent in Seven Mile? If so, the average rent price paid by renters in Seven Mile is 1,008, according to recent statistics.
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 Seven Mile, 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 Seven Mile is 44.8, split between 54.3 percent male versus 45.7 female. The percentage of residents who report being married in Seven Mile is 51.4, with an average family size of 3.42.
The percentage of residents who report their race in Seven Mile is as follows:
| White | 93.6% |
| Black / African American | 0% |
| Asian | 1% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 5.4% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Seven Mile? Or maybe you are searching for 55+ active adult communities in and/or near Seven Mile?
The percentage of residents who report their age in Seven Mile is as follows:
| Under 10 | 8.3% |
| Aged 10-19 | 20.6% |
| 20s | 8.6% |
| 30s | 8.1% |
| 40s | 11.1% |
| 50s | 19.8% |
| 60s | 9.8% |
| 70s | 9.5% |
| 80+ | 4.3% |
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 Seven Mile with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Seven Mile.
How do you know that living in -- or moving to -- Seven Mile is right where you need to be? Perhaps you grew up in Seven Mile or already live nearby; therefore, the decision to buy a home in Seven Mile is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Seven Mile 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 Seven Mile:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Seven Mile.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Seven Mile can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Seven Mile, meanwhile, can field multiple offers from more qualified buyers.
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