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Ohio Housing Market Among Least Competitive In U.S.: Study


Ohio's housing market is among the least competitive in the nation, according to a study released by LendingTree. For buyers, that's great news. It means homes in the Buckeye State are cheaper than almost anywhere else. Three Ohio cities, Youngstown ...


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Ohio's housing market is among the least competitive in the nation, according to a study released by LendingTreeFor buyers, that's great newsIt means homes in the Buckeye State are cheaper than almost anywhere elseThree Ohio cities, Youngstown, Dayton and Toledo, where among the 10 least competitive markets in the nationCincinnati, Akron and Cleveland also rank among the less competitive marketsLendingTree's rankings of the 100 most competitive housing markets in the U.Swere based on factors that "truly create a competitive market for homebuyers," the company explainedTo compile the rankings, LendingTree looked at factors like how many house hunters are putting more money down, have high credit scores and "start loan shopping before home shopping." To come up with the rankings, LendingTree said it looked at 1.5 million purchase mortgage loan requests that came through the company's marketplace in the 100 largest U.Scities for 2017The cities were then ranked based on the following three criteria: The share of buyers shopping for a mortgage before identifying the house they want Average down payment percentage Percentage of buyers who have prime credit (above 680) Here's how Ohio's cities ranked (the lower the ranking, the less competitive the housing market is):Youngstown (100)Dayton (96)Toledo (90)Cincinnati (81)Akron (78)Cleveland (73)Columbus (62)Here are the top 10 most competitive housing markets in the country: San Francisco, California (1)San Jose, California (2) Denver, Colorado (3)San Diego, California (4) Ventura, California (5) Los Angeles, California (6)Seattle, Washington (7)Honolulu, Hawaii (8)Portland, Oregon (9)Sacramento, California (10)Here are the least competitive or most accessible housing markets in the U.S.: Youngstown, Ohio (100)McAllen, Texas (99)Scranton, Pennsylvania (98)El Paso, Texas (97)Dayton, Ohio (96)Augusta, Georgia (95)Birmingham, Alabama (94)Winston-Salem, North Carolina (93)Little Rock, Arkansas (92)Harrisburg, Pennsylvania (91) 3233 W 56th StCleveland, Ohio 44102 For Sale: $27,5005 bd/4 full ba, 2,500 sqft More Info 12500 Edgewater Dr Apt 908Lakewood, Ohio 44107 For Sale: $203,5002 bd/2 full ba, 1,350 sqft More Info 13305 Havana RdGarfield Heights, Ohio 44125 For Sale: $67,5003 bd/1 full ba More Info 3881 Faversham RdUniversity Heights, Ohio 44118 For Sale: $79,0003 bd/1 full ba, 1,413 sqft More Info Cleveland, Ohio 44105 For Sale: $287,3004 bd/2 full ba, 2,702 sqft More Info 4020 Whitman AveCleveland, Ohio 44113 For Sale: $122,5004 bd/3 full ba, 2,214 sqft More Info 8302 Sowinski AveCleveland, Ohio 44103 For Sale: $39,9006 bd/3 full ba, 5,292 sqft More Info 2218 Oak Park AveCleveland, Ohio 44109 For Sale: $99,0003 bd/1 full ba, 1,260 sqft More Info 9610 Gaylord AveCleveland, Ohio 44105 For Sale: $5,3003 bd/1 full ba, 1,188 sqft More Info 2314 Tuxedo AveCleveland, Ohio 44134 For Sale: $97,9002 bd/2 full ba, 1,092 sqft More Info Photo from Rick Uldricks, PatchSubscribe Back to the Cleveland Patch More from Cleveland PatchUp next on Cleveland Patch Ohio Is The 35th Most Educated State In The U.S.: Study Cleveland Police Officer Arrested For Domestic Violence Valentine's Day 2018: The Ultimate Gift Guide ga("send", "event", "taboola", "served", "impression", 1, { "nonInteraction": 1 }); if (mobile_detect.is_phone) { window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-b', container: 'taboola-below-article-thumbnails', placement: 'Mobile Below Article Thumbnails', target_type: 'mix' }); } else { window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-a', container: 'taboola-below-article-thumbnails', placement: 'Below Article Thumbnails', target_type: 'mix' }); } window._taboola = window._taboola || []; _taboola.push({flush: true}); var disqus_shortname = "patchmedia"; var disqus_identifier = "27448862"; var disqus_title = "Ohio Housing Market Among Least Competitive In U.S.: Study"; var disqus_url = "https://patch.com/ohio/cleveland/ohio-housing-market-among-least-competitive-u-s-study"; jQuery(document).ready(function() { jQuery('#show-disqus, .btn-comment-now').on('click', function(event){ jQuery.ajax({ type: "GET", url: "https://patchmedia.disqus.com/embed.js", dataType: "script", cache: true }); jQuery('#comments-guidelines').show(); event.target.id !== 'show-disqus' && jQuery('html, body').animate({ scrollTop: jQuery('#disqus_thread').offset().top - 220 }, 1000); jQuery('#show-disqus').slideUp(); return false; }); location.hash === '#comments' && jQuery('#show-disqus').click(); }); Show Comments Patch Community Guidelines Patch welcomes contributions and comments from our usersWe strive for civil, enlightened discussions on Patch stories and local issuesPlease abide by our posting standards: Be civil No profanity No personal attacks or insults Stay on topic Users who violate our posting rules will have their comments blocked or deletedUsers who flagrantly violate our standards can be banned at the moderator's discretion. × What are Featured Events? 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Feature your announcement on Patch now Featured Announcements + Add your announcement on Patch Real Estate NearbySelect a Listing TypeNewly ListedOpen HousesForeclosuresRentals 3233 W 56th StCleveland, Ohio 44102 For Sale: $27,5005 bd/4 full ba, 2,500 sqft More Info 12500 Edgewater Dr Apt 908Lakewood, Ohio 44107 For Sale: $203,5002 bd/2 full ba, 1,350 sqft More Info 13305 Havana RdGarfield Heights, Ohio 44125 For Sale: $67,5003 bd/1 full ba More Info 3881 Faversham RdUniversity Heights, Ohio 44118 For Sale: $79,0003 bd/1 full ba, 1,413 sqft More Info Cleveland, Ohio 44105 For Sale: $287,3004 bd/2 full ba, 2,702 sqft More Info 4406 Wellington AveParma, Ohio 44134 For Sale: $139,2003 bd/2 full ba, 1,064 sqft More Info 1428 Robinwood AveLakewood, Ohio 44107 For Sale: $279,9004 bd/1 full ba, 1,888 sqft More Info 3078 Edgehill RdCleveland Heights, Ohio 44118 For Sale: $234,9004 bd/2 full ba, 2,400 sqft More Info 5512 Stickney AveCleveland, Ohio 44144 For Sale: $94,9002 bd/2 full ba, 1,340 sqft More Info 15015 Onaway RdShaker Heights, Ohio 44120 For Sale: $264,9005 bd/3 full ba, 2,934 sqft More Info 12915 Maplerow AveGarfield Heights, Ohio 44105 Foreclosure: $42,5603 bd/1 full ba More Info 10626 Thrush AveCleveland, Ohio 44111 Foreclosure: $52,7004 bd/2 full ba More Info 3348 Colwyn RdCleveland, Ohio 44120 Foreclosure: $49,5007 bd/2 full ba More Info 1701 E 12th StCleveland, Ohio 44114 Rent: $776-$1,7220-3 bd/1-2 full ba, 561-1,615 sqft More Info 3328 Euclid AveCleveland, Ohio 44115 Rent: $495-$1,0501-2 bd/1 full ba, 325-1,025 sqft More Info 3311 Warrensville Center RdShaker Heights, Ohio 44122 Rent: $771-$1,1751-3 bd/1-2.5 full ba, 703-1,432 sqft More Info 5455 N Marginal RdCleveland, Ohio 44114 Rent: $1,580-$3,3101-3 bd/1-2.5 full ba, 880-2,100 sqft More Info 740 W Superior AveCleveland, Ohio 44113 Rent: $875-$1,4991-2 bd/1-2 full ba, 670-1,028 sqft More Info Nearby PatchesCleveland Heights Shaker Heights Lakewood Beachwood Middleburg Heights-Berea Brecksville TopicsArts & Entertainment Bulletin Board Business Community Corner Health & Fitness Home & Garden Jobs Kids & Family Local Deals & Classifieds Local Voices Obituaries Police & Fire Politics & Government Real Estate Schools Seasonal & Holidays Sports Weather Corporate InfoAbout Patch Careers PartnershipsAdvertise on Patch SupportFAQs Contact Patch View All Patches Patch Network Terms of Use Privacy Policy © 2018 Patch MediaAll Rights Reserved. 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