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There are currently 1,069 real estate properties in Upper Arlington, OH, with a median automated valuation model (AVM) price of $524,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Upper Arlington, 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 Upper Arlington, OH, is $620,400.00, with the most expensive house in Upper Arlington, OH, topping out at $3,001,443.00 and the cheapest home in Upper Arlington, OH, clocking in at $38,386.00. In other words, there’s something for every potential homebuyer or savvy investor in Upper Arlington, OH!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Upper Arlington, OH, is on a rollercoaster ride. The average rent price in Upper Arlington, OH, is $2,213.00. Indeed, when looking to rent in Upper Arlington, OH, you can expect to pay as little as $930.00 or as much as $3,860.00, with the average rent median estimated to be $2,160.00. The good news is that finding an affordable and desirable property to rent in Upper Arlington, 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.
Upper Arlington is located in Franklin, Ohio, with an estimated municipal population of 35,366 residents. All of the best foreclosed homes for sale in Upper Arlington are located in the following zip code areas on Foreclosure.com: 43220 43221 43212. The estimated population per square kilometer (.62 miles) in Upper Arlington is 1,394.
So, about how much do homes cost in Upper Arlington? The most recent median value of resident-owned homes in Upper Arlington is 398,953. An estimated 79.7 percent of households in Upper Arlington own their homes, with an average family size of 3.07. The median household income in Upper Arlington is 123,548, with59.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Upper Arlington, the median commute time of resident workers (in minutes) is 19.8. And last, but certainly not least, are you looking for homes to rent in Upper Arlington? If so, the average rent price paid by renters in Upper Arlington is 1,274, 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 Upper Arlington, 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 Upper Arlington is 40.6, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Upper Arlington is 63.6, with an average family size of 3.07.
The percentage of residents who report their race in Upper Arlington is as follows:
White | 90.1% |
Black / African American | 0.3% |
Asian | 6.9% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 2.3% |
Other | 0.4% |
Looking for family-friendly neighborhoods in and/or near Upper Arlington? Or maybe you are searching for 55+ active adult communities in and/or near Upper Arlington?
The percentage of residents who report their age in Upper Arlington is as follows:
Under 10 | 15.3% |
Aged 10-19 | 12.5% |
20s | 7.1% |
30s | 14.4% |
40s | 14.5% |
50s | 13% |
60s | 11.7% |
70s | 6.5% |
80+ | 5% |
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 Upper Arlington with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Upper Arlington.
How do you know that living in -- or moving to -- Upper Arlington is right where you need to be? Perhaps you grew up in Upper Arlington or already live nearby; therefore, the decision to buy a home in Upper Arlington is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Upper Arlington 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 Upper Arlington:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Upper Arlington.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Upper Arlington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Upper Arlington, meanwhile, can field multiple offers from more qualified buyers.
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