Summit County, OH Home Values & Market Trends
The median home price in Summit County, OH is $195,454.64. There were 11,845 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 $128,098.221. The number of current listings in Summit County, OH is 77, and the percentage of properties for sale is 77.00%. The county has 296 foreclosures, 40 bank owned properties, 120 headed for auction, and 77 properties for sale.
Summit County, OH Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Akron | $ 86,021 $ 75/sqft | Northfield | $ 378,021 $ 144/sqft |
Cuyahoga Falls | $ 198,379 $ 129/sqft | Tallmadge | $ -- $ -- |
Twinsburg | $ 205,638 $ 143/sqft | Peninsula | $ -- $ -- |
Hudson | $ 410,177 $ 157/sqft | Lakemore | $ -- $ -- |
Barberton | $ 123,288 $ 124/sqft | Munroe Falls | $ -- $ -- |
Richfield | $ 1,353,925 $ 201/sqft | Clinton | $ -- $ -- |
Stow | $ 222,073 $ 165/sqft | Macedonia | $ -- $ -- |
Housing Market Summary for Summit County, OH
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $158.4K | $182.2K | 15.00% |
Median Sold Price | $178.5K | $182.2K | 2.10% |
Homes For Sale | 741 | 75 | -89.88% |
Homes Sold | 6,904 | 7,559 | 9.49% |
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 $16,998 to $15,459,083. Richfield is the priciest city with a median listing home price of $1,298,000, and Akron is most affordable with average house prices of around $70,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Summit County, OH with Akron containing 69 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 $334,250 in Richfield to the lowest home value of $37,643 in Akron.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Summit County, OH ranges from the highest value of $192,539 in Stow to the lowest value of $44,900 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 26 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAkron has 73 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 0.06% 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 $441,271 in Twinsburg to the lowest value of $35,356 in Twinsburg.
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More Real Estate Resources for Summit County, OH
Guide for Summit County, OH
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Cincinnati’s real estate market has showcased promising growth in 2023, marked by an increase in property values and prices per square foot.
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