Welcome to our 44253 real estate data hub, tailored for investors in Litchfield, OH. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 44253 in Litchfield, OH. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MEDINA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Litchfield, OH real estate investing. Uncover the wealth of information available, and position yourself for success in the Litchfield property market.
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Location Overview
- Zip Code: 44253
- City: Litchfield
- State: OH
- Metro Area: Cleveland-Elyria, OH
- County Name: MEDINA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $320,650
- Average Home Price (Single Family Homes): $320,784
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 0.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $980
- Average 3 Bedroom Section 8 Rental Rates: $1,270
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 27.27
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 21.04
- Number of Units Offered in Section 8 in the County: 520
- Number of Occupied Units in Section 8 in the County: 501
- Percentage of Section 8 Units Occupied in the County: 96.30000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 188.2
- Total % Appreciation since 2000 (Government Data): 70.38
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.63%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.97%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.75%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 42.55%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 74.16%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 86.51%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 117.78%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%