Summit County, OH Home Values & Market Trends
The median home price in Summit County, OH is $189,702.86. There were 11,424 home sales in Summit County, OH over the past 12 months. The median residential Summit County, OH home value for transactions over the previous year is $128,173.841. The number of current listings in Summit County, OH is 62, and the percentage of properties for sale is 62.00%. The county has 489 foreclosures, 43 bank owned properties, 128 headed for auction, and 62 properties for sale.
Summit County, OH Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Akron | $ 84,811 $ 73/sqft | Richfield | $ 281,091 $ 186/sqft |
| Cuyahoga Falls | $ 213,080 $ 130/sqft | Northfield | $ 371,819 $ 141/sqft |
| Hudson | $ 559,700 $ 183/sqft | Macedonia | $ 525,572 $ 104/sqft |
| Twinsburg | $ 261,309 $ 120/sqft | Peninsula | $ -- $ -- |
| Stow | $ 167,178 $ 118/sqft | Lakemore | $ -- $ -- |
| Barberton | $ 170,000 $ 139/sqft | Munroe Falls | $ -- $ -- |
| Tallmadge | $ 147,484 $ 118/sqft | Clinton | $ -- $ -- |
Housing Market Summary for Summit County, OH
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $139K | $179.9K | 29.41% |
| Median Sold Price | $180.2K | $179.9K | -0.18% |
| Homes For Sale | 90 | 71 | -21.11% |
| Homes Sold | 6,428 | 7,003 | 8.95% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Summit County, OH
Browse Homes in Summit County, OH
Summit County, OH home values range from $16,084 to $18,093,828. Macedonia is the priciest city with a median listing home price of $599,900, and Akron is most affordable with average house prices of around $59,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.16% of all residential properties in Summit County, OH with Akron containing 160 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Summit County, OH; of those cities, the estimated home value for pre-foreclosure homes ranges from $899,000 in Hudson to the lowest home value of $30,576 in Akron.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Summit County, OH ranges from the highest value of $384,250 in Hudson to the lowest value of $47,092 in Akron. Bank owned homes and properties account for 0.02% of properties in Summit County, OH. There are 14 cities within Summit County, OH; Akron containing 27 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAkron has 75 auction properties, the highest number of properties going to auction in a single city in the state of Summit County, OH. Auction homes and other auction properties account for 0.07% of all properties in Summit County, OH. There are 14 cities within Summit County, OH; of those cities, the median estimated home value for homes going to auction ranges from $647,259 in Macedonia to the lowest value of $33,275 in Macedonia.
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Guide for Summit County, OH
Property values in Toledo’s real estate market fluctuated in recent months, recent trend data shows.
Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.
Cincinnati’s real estate market has showcased promising growth in 2023, marked by an increase in property values and prices per square foot.
