Navigating Real Estate in Ohio: A Comprehensive Guide

Welcome to our dedicated blog where we dive deep into the nuances of the real estate markets in Ohio. Whether you're buying your first home, seeking investment properties, or exploring market trends, our insights will guide you through every step of your real estate journey.

Ohio Real Estate Overview

Ohio's real estate market offers a diverse range of options from bustling city apartments in Columbus to serene suburban homes in Fairfield County. The state's affordable cost of living combined with growing job opportunities makes it an attractive market for first-time homebuyers and investors alike.

Market Trends

Ohio: Current trends indicate a rise in demand for suburban homes as more individuals seek properties with more space and access to nature.

Investment Opportunities

Ohio: Look for burgeoning markets in smaller cities and suburbs where property values are set to rise.

Buying and Selling Tips

For Buyers: Consider your long-term goals. In Ohio, focus on community-driven areas with good schools and infrastructure.
For Sellers: Highlight unique property features. In Ohio, emphasize space and community amenities.

This content structure provides a thorough introduction to the real estate landscapes of both states, catering to various interests from home buyers to investors.

Aug. 28, 2026

What Is a Sheriff's Sale in Ohio and What Happens at One?

Illustration of a county courthouse where an Ohio sheriff's sale auction is held, with a gavel and a bid card in the foreground

A sheriff's sale is the public auction at the end of an Ohio foreclosure, conducted by the county sheriff or a court-authorized private selling officer under a court order. It is not the lender selling your house — it is the court selling it, through an officer, to satisfy a judgment. And it is not the moment ownership changes hands; that comes later, at confirmation.

Most people first encounter one as a legal notice in a newspaper with their own address in it. Here is what is actually happening at each step, what the notice does and does not mean, and where the real deadlines sit.

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What Has to Happen Before a Sale Is Scheduled

A sale does not get scheduled until the lender has already won. The complaint was filed, you had 28 days to answer under Ohio Civil Rule 12(A)(1), and the court entered a judgment and decree of foreclosure setting the amount owed and authorizing the sale. Only then does an officer get involved.

Who that officer is varies. The county sheriff conducts the sale by default, but under ORC 2329.152 a judgment creditor can move for an order authorizing a named private selling officer to run the auction instead. Either way the sale is the court's, not the bank's, and the same statutory rules apply.

How the Property Gets Appraised

Before it can be auctioned, the property has to be valued, and the method is older than it sounds. Under ORC 2329.17 the sheriff calls an inquest of three disinterested freeholders — people who live in the county and own real property there — and they set the appraised value.

There is a residential shortcut worth knowing. Where residential property is being sold by a private selling officer, those appraisers have 21 calendar days to deliver the appraisal. If they do not, the appraised value defaults to the county auditor's most recent figure unless the court authorizes a separate appraisal for good cause, and the appraisers are paid nothing. An auditor's value can sit well off market, and it becomes the number your minimum bid is calculated from.

The Three-Week Advertising Rule — and the Notice You Get Directly

Ohio requires the sale be advertised once a week for three consecutive weeks before the day of sale (ORC 2329.27). That publication is what creates the strange experience of learning your own sale date from a newspaper.

You are also entitled to direct notice. Under ORC 2329.26 the judgment creditor must serve written notice of the date, time and place — or the start date and web address, if the auction is online — and file it with the clerk at least seven calendar days before the sale. Practically, the advertisement is your warning window: when it appears you are typically looking at days to a few weeks, not months. And if the sale is postponed, ORC 2329.152 requires any rescheduled date to fall within 180 days of the initial one, so a continuance is a reprieve rather than a reset.

Where the Auction Actually Happens

Not always on the courthouse steps any more. ORC 2329.153 provides for an official public sheriff sale website and integrated auction management system — a single statewide system for use by all county sheriffs — and online sales must stay open for bidding for at least seven days. Counties have moved onto online auctions at different speeds, so check your own county sheriff's website for which platform it uses and whether bidding is in person, online, or both. The mechanics differ by county; the statutes do not.

The Minimum Bid, and Its Limit

At the first auction the property generally cannot sell for less than two-thirds of that appraised value (ORC 2329.20). That sounds protective, and at the first sale it is.

But in residential mortgage foreclosures, ORC 2329.52(B) requires a second auction not earlier than seven days and not later than thirty days after the first, sold to the highest bidder without regard to the two-thirds minimum. If the property remains unsold after two auctions it can be offered again with no minimum bid restriction at all. So the floor delays a low sale rather than preventing one — which matters enormously if you have equity, because the two-thirds rule is frequently cited as a reason not to worry and it is not one.

Who Actually Bids

Usually the foreclosing lender, which can credit-bid up to what it is owed without bringing cash to the table. Beyond that, investors who buy at auction — typically sight-unseen, with no inspection, no walkthrough and no title guarantee, which is exactly why auction prices run below market.

If nobody bids above the lender's credit bid, the lender takes the property back. It becomes REO and is usually listed conventionally months later, often after repairs the previous owner was never given the chance to make.

Confirmation: The Step That Actually Transfers Ownership

The auction does not end it. The officer reports the sale to the court, and a judge confirms it. Confirmation is what transfers title and triggers the deed — and under ORC 2329.31, when the court finds the sale was conducted lawfully it directs the confirmation entry within thirty days of the return of the writ. If the deed is not prepared and recorded within fourteen days after confirmation, the purchaser can move the court for an order transferring title, which has the same effect as a deed.

Until confirmation you retain an equitable right of redemption under ORC 2329.33: you can deposit the judgment plus all costs with the clerk, together with eight per cent annual interest on the purchase money from the day of sale, and keep the property. It is a real right and it is rarely usable, because anyone who could produce that sum could probably have avoided the auction. The gap between sale and confirmation is typically a few weeks, and it is not a practical window for selling either — most title companies will not insure a transfer during it.

After Confirmation: Surplus Money and the Deficiency Question

Once confirmed, the deed transfers and the new owner can begin the eviction process if the property is occupied. It is not immediate, but it is not long.

If the sale brought more than the judgment and costs, that surplus is yours — but there is a clock on it. ORC 2329.44 requires the officer to deliver the balance to the clerk of the court that issued the writ not later than forty-five days after confirmation, and the clerk must then notify you, by certified mail for balances of $500 or more. If the money goes unclaimed for ninety days after that notice, the clerk disposes of it as unclaimed money under ORC 2335.34 and 2335.35. Surpluses are less common than people expect once fees and accrued interest are counted, but when one exists it is genuinely yours and it is genuinely losable.

The debt may also not be finished. Ohio permits deficiency judgments for the shortfall between the sale price and what you owed. ORC 2329.08 sets a two-year cutoff running from confirmation, but read the section rather than a summary of it: it reaches property with a dwelling or dwellings for not more than two families that has been used as a home or farm dwelling, or held as a homestead or homesite. A larger multi-unit or purely commercial property is outside it; whether a small rental you never occupied qualifies is a real question for an attorney rather than a settled answer.

Frequently Asked Questions

Can I still sell my house after a sheriff's sale is scheduled?

Yes, up until the sale itself. A closing that funds and pays the loan in full ends the foreclosure, and a scheduled auction does not change your ownership or your right to sell. After the auction the window between sale and confirmation is legally real but practically closed, because title companies generally will not insure a transfer then.

What is the minimum bid at an Ohio sheriff's sale?

Two-thirds of the appraised value at the first auction (ORC 2329.20). In residential mortgage foreclosures a second auction follows between seven and thirty days later with no regard to that minimum (ORC 2329.52(B)), and if the property is still unsold after two auctions it can be offered with no minimum at all. The floor delays a low sale rather than preventing one.

How long after the auction do I have to move out?

Ownership transfers at confirmation, which the court directs within thirty days of the return of the writ under ORC 2329.31, so typically a few weeks after the sale. The new owner then has to go through the eviction process if you have not left. It is not immediate, but it is not long, and planning your move earlier is cheaper than being ordered out.

Do I get money if the house sells for more than I owe?

Any surplus above the judgment, costs and other liens belongs to you. Under ORC 2329.44 the officer delivers it to the clerk within forty-five days of confirmation and the clerk notifies you; if it goes unclaimed for ninety days after that notice it is disposed of as unclaimed money. Respond to that notice promptly rather than assuming the money will wait.

Can the bank still come after me after the sale?

Ohio allows deficiency judgments for the shortfall. ORC 2329.08 sets a two-year cutoff after confirmation, but it applies to property with not more than two family dwellings used as a home or farm dwelling, or held as a homestead or homesite. Larger multi-unit and commercial property falls outside it, and borderline cases are worth asking an Ohio attorney about.

Avon Lake Ohio Real Estate Market Report – August 2026

The average Avon Lake listing asks $749,127. The average Avon Lake sale closed at $459,987. That $289,000 gap is the largest proportional spread on the Lake Erie shore, and it describes something specific: a lakefront and upper-tier inventory that sits, resting on top of a core market that clears in about six weeks. Knowing which one you are in determines everything about how to approach Avon Lake real estate.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Avon Lake Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Avon Lake market area in Lorain County.

Market Metric	Active	Under Contract	Sold
Number of Properties	27	20	125
Average List Price	$749,127	$448,265	$460,589
Average Sold Price	—	—	$459,987
Average Bedrooms	3.6	3.0	3.3
Average Bathrooms	3.3	2.7	2.8
Average Living Area	3,172 sq ft	2,406 sq ft	2,497 sq ft
Average Price per Sq Ft	$196	$192	$187
Average Days on Market	62	46	57

Source: Avon Lake Ohio Real Estate Market Report, live MLS data, August 2026. Only 20 homes are currently under contract, so that column rests on a small sample and should be read as directional.

Two Markets, One Shoreline

The active listings average $749,127 and 3,172 square feet. The homes going under contract average $448,265 and 2,406 square feet.

That is a $300,000 difference in price and 766 square feet in size between what is for sale and what is selling. The available inventory skews decisively toward the upper end — the lakefront and near-lakefront homes that define Avon Lake's reputation and command its highest prices.

Those properties take longer to sell, which is why active listings average 62 days against 46 for the pending cohort. It is not a sign of weakness; it is what a thin, high-value segment looks like in any market.

The Core Market Moves in Six Weeks

Homes under contract reached agreement in 46 days — eleven days faster than recent closings took at 57.

At $448,265 and 2,406 square feet, that pending cohort is the working Avon Lake market: substantial family homes in a well-regarded district with lake access, clearing in about a month and a half.

If you are shopping that segment, the 62-day active average and the $749,127 asking average are describing houses you are probably not competing for.

Pricing Is Firm and Precise

Recent closings averaged $459,987 against an average list price of $460,589 — a sale-to-list ratio of 99.9%, or a gap of about $602.

On a $460,000 home, that is a rounding error. Avon Lake sellers are pricing with real accuracy, and buyers are paying essentially what is asked.

The per-foot progression is gently upward: $187 for closed sales, $192 for homes under contract, $196 asked. A 3% step from sold to pending is modest but consistent with a market holding firm rather than softening.

Selection Is Limited

Twenty-seven active listings against 20 under contract gives a ratio of 1.35 — below the balanced 1.5-to-2.0 range.

And as with several markets in this series, the headline count overstates practical choice. If a meaningful share of those 27 are upper-tier properties well above where the market transacts, a buyer shopping the $450,000 core is choosing from a considerably smaller pool.

Ohio Context and Mortgage Rates

Ohio REALTORS reported a statewide median sale price of $285,000 for July 2026, up 3.6% from a year earlier, on 12,723 closed sales. Statewide active listings stood at 39,641 with 3.72 months of supply. Avon Lake's $459,987 average runs roughly 61% above the state median — the premium the shoreline, the schools and the westward commuter corridor have long supported.

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $2,362 a month in principal and interest before taxes and insurance.

Avon Lake Market Breakdown by Property Type

Single-family homes. The core of the market — three-to-four-bedroom homes near 2,497 square feet. Start with homes for sale in Avon Lake, Ohio.
Condos and low-maintenance living. A meaningful segment, including lake-adjacent buildings, and the most accessible entry point here. Compare Avon Lake condos for sale.
New construction. Present and contributing to the larger active averages. See new construction homes in Avon Lake.
Lots and land. Genuinely scarce, particularly anywhere near the water, and priced accordingly. Browse Avon Lake lots and land.
Commercial property. The Walker Road and Lake Road corridors trade on fundamentals unrelated to the residential figures above. Review Avon Lake commercial real estate.
Multi-family and investment. Scarce at this price point, which makes the few available assets notable. See Avon Lake multi-family and investment property.
Distressed and below-market. Rare here, though long-sitting upper-tier listings are where motivated sellers emerge. Check Avon Lake foreclosures and distressed sales.

Featured Avon Lake Neighborhoods

A citywide average of $187 per square foot spans everything from lakefront property to inland family neighborhoods — two segments that price on entirely different logic. Neighborhood data is where the number that applies to your home actually lives:

Alten Court · Arrington Village · Avon Acres · Avon Center Estates · Avon Lake Hamlet · Avon Lake Village · Avon Point · Beach Park · Beachwood Estates · Belden Park · Belden Pointe · Bridgeside Circle · Britannia Estates · Caneel Run · Centennial Estates · Chandon Reserve · Coachmans Trail · Eagle Point On Lake · Glen Arden Beach · Gramercy Place

What This Means If You Are Buying

Establish your segment first. In the $450,000 core, expect a six-week process, essentially full asking price, and limited selection. Above roughly $700,000, you are in a slower market where time is on your side.

Do not negotiate hard in the core. At 99.9% of asking, there is no cushion, and an offer built around a discount will lose to one that is not.

Do negotiate on the aged upper-tier listings. Those are the properties driving the 62-day active average, and their sellers have watched a full summer pass.

What This Means If You Are Selling

Price with precision. The 99.9% sale-to-list ratio says this market rewards accuracy and does not reward stretching. Anchor near $187 to $192 per square foot — roughly $467,000 to $479,000 for a 2,497-square-foot home.

If you are in the upper tier, understand you are competing in the slower half. Those listings are the ones sitting, and matching their asking prices means matching their market times.

Plan on about six to eight weeks in the core market, and prepare thoroughly — in a market this precisely priced, presentation is what separates a 46-day sale from a 62-day one.

How Avon Lake Compares Nearby

Buyers weighing Avon Lake routinely also look at Avon, Bay Village, Westlake, Sheffield Lake and North Ridgeville. Compare the underlying data at the Avon, Westlake and North Ridgeville market reports.

Frequently Asked Questions

What is the average home price in Avon Lake, Ohio?

Recent closed sales averaged $459,987 on homes of roughly 2,497 square feet with 3.3 bedrooms. That is about 61% above Ohio’s statewide median sale price of $285,000.

Do Avon Lake sellers get their asking price?

Almost exactly. Recent closings averaged 99.9% of list price — a difference of about $602 on a roughly $460,000 home. There is essentially no systematic negotiating room in either direction.

Why is the average asking price in Avon Lake so much higher than the average sale?

The active pool is dominated by large, expensive homes. Listings average 3,172 square feet against 2,497 for recent closings, and the asking average of $749,127 reflects lakefront and upper-tier properties that sit longer than the core market.

How fast do homes sell in Avon Lake?

Homes currently under contract reached agreement in 46 days, against 57 days for homes that already closed. Listings still available have been on the market 62 days, reflecting the slower upper tier.

What is the price per square foot in Avon Lake, Ohio?

Recent closed sales averaged $187 per square foot and homes under contract are at $192 — a modest 3% increase. Active listings ask $196 on much larger homes.

How much is the monthly payment on an average Avon Lake home?

At the August 2026 average sale price of $459,987, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $2,362 a month before taxes and insurance.

Get a Personalized Avon Lake Market Analysis

In a market split this sharply between lakefront and inland, a citywide average describes almost no individual property well. Ready to make a move? Search all Avon Lake, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific street.

Sources: Avon Lake Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

Posted in Market Updates, OH-Avon Lake

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Aug. 27, 2026

Medina Ohio Real Estate Market Report – August 2026

Medina buyers under contract are paying $186 per square foot. Recent closings went for $173. The homes are essentially the same size — 2,511 square feet against 2,551 — so nothing about composition explains the gap. That is an 8% increase in what buyers are willing to pay, and it is the cleanest price signal in Medina real estate this month.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Medina Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Medina market area in Medina County.

Market Metric	Active	Under Contract	Sold
Number of Properties	95	88	324
Average List Price	$604,287	$441,708	$411,932
Average Sold Price	—	—	$418,445
Average Bedrooms	3.6	3.3	3.4
Average Bathrooms	3.1	2.8	2.9
Average Living Area	3,110 sq ft	2,511 sq ft	2,551 sq ft
Average Price per Sq Ft	$188	$186	$173
Average Days on Market	62	67	61

Source: Medina Ohio Real Estate Market Report, live MLS data, August 2026.

An 8% Move With No Size Explanation

Most per-foot differences between columns turn out to be composition — bigger homes carry lower rates, smaller homes higher ones, and the averages shift accordingly.

Medina does not have that excuse. Homes under contract average 2,511 square feet; recent closings averaged 2,551. Within 2% of each other. Yet the pending cohort is paying $186 per square foot against $173.

Same size of house, 8% more money. That is about $33,000 on a typical Medina home, and it is the most direct evidence of price movement in this report.

Sellers Are Already Collecting $6,513 Over Asking

Recent closings averaged $418,445 against an average list price of $411,932 — a sale-to-list ratio of 101.6%.

That premium exists in the closed data, which describes the *older*, cheaper conditions. The pending data says buyers have since become willing to pay more still. Both point the same way.

With 324 homes closed over the reporting period, this is a deep market and those figures are not the product of a few unusual sales.

Supply Is Tight

Ninety-five active listings against 88 under contract gives a ratio of 1.08 — well below the balanced 1.5-to-2.0 range. Nearly as many Medina homes are spoken for as are available to buy.

Timing is steady rather than dramatic: 61 days for closed sales, 67 for pendings, 62 for active listings. All three cluster within six days, which describes a market absorbing inventory at a consistent rate rather than one lurching in either direction.

The pressure here is showing up in price rather than speed — which is what you would expect when supply is tight but not desperately so.

The Asking Average Is About Size

The $604,287 average asking price against a $418,445 average sale looks alarming in isolation. Active listings average 3,110 square feet against 2,551 for closings — roughly 22% more house.

Per square foot the gap nearly closes: $188 asked against $186 that buyers under contract are actually paying. Medina sellers are asking almost exactly what the current market bears; they are simply listing larger homes.

If the $604,000 figure has shaped your impression of this market, adjust it. The typical Medina transaction is a 2,551-square-foot home at about $418,000.

Ohio Context and Mortgage Rates

Ohio REALTORS reported a statewide median sale price of $285,000 for July 2026, up 3.6% from a year earlier, on 12,723 closed sales. Statewide active listings stood at 39,641 with 3.72 months of supply. Medina's $418,445 average runs roughly 47% above the state median — a county seat with a preserved historic square and strong schools, positioned between Cleveland and Akron.

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $2,149 a month in principal and interest before taxes and insurance. In a market closing 101.6% of asking, budget for a possible appraisal gap on top.

Medina Market Breakdown by Property Type

Single-family homes. The core of the market — 3.4-bedroom homes near 2,551 square feet with close to three baths. Start with homes for sale in Medina, Ohio.
Condos and low-maintenance living. A meaningful segment and the most accessible entry point in a 1.08-ratio market. Compare Medina condos for sale.
New construction. A significant part of why the active pool averages 3,110 square feet, and where much of the larger inventory sits. See new construction homes in Medina.
Lots and land. Still genuinely available in Medina County, unlike the built-out Cuyahoga suburbs. Browse Medina lots and land.
Commercial property. The historic square and the Route 18 corridor trade on fundamentals unrelated to the residential figures above. Review Medina commercial real estate.
Multi-family and investment. Limited local supply with steady rental demand. See Medina multi-family and investment property.
Distressed and below-market. Rare in a market closing above asking. Check Medina foreclosures and distressed sales.

What This Means If You Are Buying

Budget at $186 per square foot, not $173. The closed figure is describing a market that has already moved past it, and the difference is roughly $33,000 on a typical home — enough to lose you several offers if you plan around the wrong number.

Expect to pay above list and prepare for an appraisal gap. At 101.6% and rising, an offer at asking is a below-average offer here.

Filter by size before judging affordability. The listings you browse will average 22% larger than what typically sells, so the asking prices you see will run high relative to the market you are actually competing in.

What This Means If You Are Selling

Your comparable sales are lagging. Recent closings show $173 per square foot; buyers under contract are paying $186 for the same amount of house. Price against the pending evidence.

For a 2,551-square-foot home, that is the difference between roughly $441,000 and $474,000. On an identical property.

The timing data is steady at about two months, so plan accordingly — this is a market where the advantage shows up in price rather than in a rushed sale. Prepare properly and let the pricing work.

How Medina Compares Nearby

Buyers weighing Medina routinely also look at Brunswick, Wadsworth, Strongsville, Seville and Lodi. Compare the underlying data at the Brunswick, Wadsworth and Strongsville market reports.

Frequently Asked Questions

What is the average home price in Medina, Ohio?

Recent closed sales averaged $418,445 on homes of roughly 2,551 square feet with 3.4 bedrooms. That is about 47% above Ohio’s statewide median sale price of $285,000.

Do homes in Medina sell above asking price?

Yes, and by a meaningful margin. Recent closings averaged 101.6% of list price — roughly $6,513 above asking on the typical sale, one of the larger premiums in Northeast Ohio.

Is Medina a seller’s market?

Clearly. There are 95 homes for sale against 88 under contract — a ratio of 1.08, well below the 1.5 to 2.0 range that describes balance. Nearly as many homes are spoken for as available.

Are prices rising in Medina?

The pending data points that way. Homes under contract are transacting at $186 per square foot against $173 for recent closings — about 8% higher — on homes of essentially the same size. That is a clean signal, since size is not explaining the difference.

Why is the average asking price in Medina so high?

The active pool skews large. Listings average 3,110 square feet against 2,551 for recent closings — about 22% more house — which lifts the asking average to $604,287 against a $418,445 sale average.

How much is the monthly payment on an average Medina home?

At the August 2026 average sale price of $418,445, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $2,149 a month before taxes and insurance. Budget for a possible appraisal gap, since homes here regularly close above list.

Get a Personalized Medina Market Analysis

In a market where buyers are paying 8% more per square foot than the closed comparables show, an automated valuation will understate your home. Ready to make a move? Search all Medina, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific neighborhood.

Sources: Medina Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

Posted in Market Updates, OH-Medina

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Aug. 27, 2026

Wooster Ohio Real Estate Market Report – August 2026

Wooster homes that closed recently took 74 days to sell. Homes going under contract now are taking 46. That is a twenty-eight-day improvement — nearly four weeks — and it is one of the sharpest accelerations anywhere in this report series. Wooster is absorbing inventory considerably faster than its recent sales data suggests.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Wooster Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Wooster market area in Wayne County.

Market Metric	Active	Under Contract	Sold
Number of Properties	69	46	188
Average List Price	$337,205	$313,014	$286,166
Average Sold Price	—	—	$287,722
Average Bedrooms	3.3	3.1	3.0
Average Bathrooms	2.6	2.3	2.3
Average Living Area	2,550 sq ft	2,254 sq ft	1,947 sq ft
Average Price per Sq Ft	$158	$147	$158
Average Days on Market	45	46	74

Source: Wooster Ohio Real Estate Market Report, live MLS data, August 2026.

Four Weeks Faster Than the Closed Data Suggests

The gap between 74 days for closed sales and 46 for homes under contract is the headline finding here, and it is large.

Active listings also sit at 45 days — essentially identical to the pending figure and well below the closed one. Both current-state measures agree that this market is moving faster than it was, and that inventory is not piling up.

For anyone using recent comparable sales to plan a timeline, that 74-day figure describes conditions that have already passed.

The Inventory Is Bigger Than What Has Been Selling

Active listings average 2,550 square feet. Recent closings averaged 1,947. That is 31% more house on the market than in the sold data, and it explains the $337,205 asking average against a $287,722 sale average almost entirely.

Per square foot the two are identical at $158. There is no overpricing here at all — sellers are asking exactly the rate the market has been paying, on larger homes.

If the $337,205 average asking price has made Wooster look expensive, that number is describing square footage. The typical transaction is a three-bedroom home near 1,947 square feet at about $288,000.

Reading the Pending Per-Foot Figure

Homes under contract are at $147 per square foot, below the $158 in both the active and sold columns.

The size data accounts for most of it: pending homes average 2,254 square feet, between the active and sold figures, and larger homes carry lower per-foot rates. A pending cohort sized between the other two, at a lower rate than both, is a little unusual but well within what a 46-sale sample can produce.

With sellers still collecting full price and timelines shortening sharply, there is no supporting evidence of price decline. Treat it as composition rather than direction.

Sellers Get Full Price

Recent closings averaged $287,722 against an average list price of $286,166 — a sale-to-list ratio of 100.5%, or roughly $1,556 above asking.

Correctly priced homes transact at their number with a small premium. There is no systematic discount to negotiate for, and no bidding frenzy either.

Selection Sits Exactly at Balance

Sixty-nine active listings against 46 under contract gives a ratio of 1.50 — precisely the bottom edge of the balanced range.

That makes Wooster one of the more genuinely even markets in this series. Buyers have real choice, sellers have real demand, and neither side holds a structural advantage. The tiebreaker is the timing trend, and that currently favors sellers.

Ohio Context and Mortgage Rates

Ohio REALTORS reported a statewide median sale price of $285,000 for July 2026, up 3.6% from a year earlier, on 12,723 closed sales. Statewide active listings stood at 39,641 with 3.72 months of supply. Wooster's $287,722 average sits essentially at the state median — a Wayne County seat with a liberal arts college, an agricultural research base and its own manufacturing employment.

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $1,478 a month in principal and interest before taxes and insurance.

Wooster Market Breakdown by Property Type

Single-family homes. The core of the market — three-bedroom homes near 1,947 square feet. Start with homes for sale in Wooster, Ohio.
Condos and low-maintenance living. A useful segment, particularly for downsizers staying in the community. Compare Wooster condos for sale.
New construction. A meaningful part of why the active pool averages 2,550 square feet, and where the larger inventory is concentrated. See new construction homes in Wooster.
Lots and land. Genuinely available in Wayne County, including agricultural parcels. Browse Wooster lots and land.
Commercial property. Downtown Wooster and the Burbank Road corridor trade on fundamentals unrelated to the residential figures above. Review Wooster commercial real estate.
Multi-family and investment. Steady rental demand from the college and the local employment base. See Wooster multi-family and investment property.
Distressed and below-market. Uncommon in a market closing above asking. Check Wooster foreclosures and distressed sales.

Featured Wooster Neighborhoods

A citywide average of $158 per square foot spans neighborhoods with different ages, lot sizes and housing stock. Neighborhood data is where the number that applies to your home actually lives:

Bloomington Heights · Brookefield Commons · Chestnut Hill Cluster Homes · Chestnut Ridge Estates · Christmas Run · Clear Creek Estate · College Terrace Add · Country Club Estates · Country Place East · Crystal View · Eagle Chase Condos · Elm Heights · Farmington Ridge · Forest Creek Estate · Fox Lake Estates · Fox Meadows · Funk Village · Glen Royalwood · Green Acres · Green Meadows Estates

What This Means If You Are Buying

Plan on a faster process than the closed data implies. Six and a half weeks, not eleven. If you are timing a sale of your own around a Wooster purchase, that difference matters.

Shop on price per square foot. At $158 both asked and paid, this is one of the cleanest benchmarks in the series — anything meaningfully off it deserves an explanation.

Decide on square footage first. The active inventory skews 31% larger than what has been selling, so the listings you see will run bigger and more expensive than the citywide sale average suggests. Filter accordingly rather than concluding the market is out of reach.

What This Means If You Are Selling

Price at $158 per square foot — roughly $308,000 for a 1,947-square-foot home — and expect full price. The evidence that this rate works is unusually strong, since it is simultaneously what sellers ask and what buyers pay.

Plan on about six weeks rather than eleven. The market has sped up meaningfully, and pricing your timeline off recent comparable sales will make you impatient for no reason.

If your home is on the smaller end, you are in the segment that has actually been transacting. The larger homes are where the current competition among sellers is concentrated.

How Wooster Compares Nearby

Buyers weighing Wooster routinely also look at Orrville, Rittman, Doylestown, Medina and Millersburg. Compare the underlying data at the Orrville, Medina and Rittman market reports.

Frequently Asked Questions

What is the average home price in Wooster, Ohio?

Recent closed sales averaged $287,722 on homes of roughly 1,947 square feet with 3 bedrooms. That is essentially at Ohio’s statewide median sale price of $285,000.

How fast do homes sell in Wooster?

Homes currently under contract reached agreement in 46 days, against 74 days for homes that already closed — a 28-day improvement, one of the larger accelerations in this report series. Active listings have been available an average of 45 days.

Do Wooster sellers get their asking price?

Yes. Recent closings averaged 100.5% of list price, roughly $1,556 above asking. Correctly priced homes transact at full price with a modest premium.

Is Wooster a balanced market?

It is right at the line. There are 69 homes for sale against 46 under contract — a ratio of 1.50, exactly the bottom edge of the 1.5 to 2.0 range that defines balance. Buyers have reasonable selection without an oversupply.

Why are the homes for sale in Wooster larger than the ones that sold?

Active listings average 2,550 square feet against 1,947 for recent closings — about 31% more house. The current inventory skews toward larger properties, which lifts the average asking price well above the average sale price.

How much is the monthly payment on an average Wooster home?

At the August 2026 average sale price of $287,722, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $1,478 a month before taxes and insurance.

Get a Personalized Wooster Market Analysis

A citywide average cannot tell you what your home is worth, particularly in a market where the listed homes run 31% larger than the sold ones. Ready to make a move? Search all Wooster, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific neighborhood.

Sources: Wooster Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

Posted in Market Updates, OH-Wooster

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Aug. 27, 2026

Kent Ohio Real Estate Market Report – August 2026

Kent homes are reaching contract in 39 days, down from 54 for the ones that recently closed. That is a fifteen-day improvement in a market that already had one of the more stable demand bases in Northeast Ohio — a university town where the largest employer does not lay off when the housing cycle turns. Kent real estate is tightening from an already steady position.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Kent Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Kent market area in Portage County.

Market Metric	Active	Under Contract	Sold
Number of Properties	35	27	166
Average List Price	$291,980	$288,077	$312,607
Average Sold Price	—	—	$314,006
Average Bedrooms	3.7	3.6	3.4
Average Bathrooms	2.5	2.3	2.5
Average Living Area	1,983 sq ft	2,159 sq ft	2,122 sq ft
Average Price per Sq Ft	$148	$144	$153
Average Days on Market	50	39	54

Source: Kent Ohio Real Estate Market Report, live MLS data, August 2026.

The Pace Has Picked Up

Homes under contract reached agreement in 39 days. Homes that already closed took 54. That fifteen-day improvement — about 28% faster — is the clearest movement in this month's data.

Active listings sit at 50 days, between the two, which is a healthy position. Inventory is not accumulating the way it does in markets where the active average climbs well past what sold homes required.

Pricing Is Holding Rather Than Climbing

The per-foot figures deserve a careful read. Closed sales went for $153 per square foot. Homes under contract are at $144. Active listings ask $148.

At first glance the pending figure sitting below the closed figure looks like softening. The size data complicates that: pending homes average 2,159 square feet, slightly larger than the 2,122 of closed sales, and larger homes typically carry a lower rate per foot.

The honest conclusion is that Kent pricing is broadly stable. The 6% spread between the pending and sold per-foot rates is within the range that composition alone can produce in a market with 27 pending sales, and there is no corroborating evidence of decline — sellers are still getting full price and homes are selling faster.

Sellers Get Full Price

Recent closings averaged $314,006 against an average list price of $312,607 — a sale-to-list ratio of 100.4%, or roughly $1,399 above asking.

Essentially no negotiating room in either direction. Correctly priced Kent homes transact at their number, promptly.

The University Is the Structural Story

Kent's housing market behaves differently from its Portage County neighbors for a specific reason: Kent State is the region's largest employer, and it does not contract when interest rates move.

That produces two effects visible in the data. Demand stays steady rather than swinging — 166 homes closed over the reporting period, a substantial figure for a city this size. And the rental market underneath the for-sale market is deep, which supports investor activity that most comparable towns do not sustain.

For a buyer, that institutional base is a reasonable argument for durability. For a seller, it means your buyer pool includes faculty and staff relocations that are not purely rate-sensitive.

Selection Is Limited but Workable

Thirty-five active listings against 27 under contract gives a ratio of 1.30 — below the balanced range, but not the severe scarcity seen in Stow at 0.46 or Cuyahoga Falls at 0.87 nearby.

Practically, a Kent buyer has genuine options without the luxury of extended deliberation. Browse current Kent homes for sale and expect the well-priced ones to move inside six weeks.

Ohio Context and Mortgage Rates

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $1,613 a month in principal and interest before taxes and insurance.

Kent Market Breakdown by Property Type

Single-family homes. The core of the market — 3.4-bedroom homes near 2,122 square feet. Start with homes for sale in Kent, Ohio.
Condos and low-maintenance living. A useful segment in a market with only 35 listings, and popular with university-affiliated buyers. Compare Kent condos for sale.
New construction. Present on the city's edges and priced above the resale rate. See new construction homes in Kent.
Lots and land. Available in the surrounding township area. Browse Kent lots and land.
Commercial property. Downtown Kent and the Main Street corridor trade on fundamentals unrelated to the residential figures above. Review Kent commercial real estate.
Multi-family and investment. One of the deeper student-and-staff rental markets in Northeast Ohio, and the segment where the university's presence matters most. See Kent multi-family and investment property.
Distressed and below-market. Uncommon in a market closing above asking. Check Kent foreclosures and distressed sales.

What This Means If You Are Buying

Plan on about six weeks from serious search to contract, and be ready to decide within days on the right house. The 39-day pending pace is the number that describes the market you are actually entering.

Do not build a strategy around discounts. At 100.4% of asking there is no systematic cushion, and an offer below list will lose to one at list.

Use $148 to $153 per square foot as your working range. Both the asking and closing figures sit inside it, which makes it an unusually reliable benchmark.

What This Means If You Are Selling

Price at the market and expect it to work. Anchor near $153 per square foot — roughly $325,000 for a 2,122-square-foot home — and plan on under two months.

The trend is in your favor. Homes are reaching contract 15 days faster than the closed data implies, so a listing launched now faces better conditions than the recent comparable sales reflect.

If you own a rental or small multi-family property, the university-driven demand underneath this market is a genuine selling point worth putting in front of investor buyers rather than leaving implicit.

How Kent Compares Nearby

Buyers weighing Kent routinely also look at Stow, Streetsboro, Ravenna, Tallmadge and Aurora. Compare the underlying data at the Stow, Streetsboro and Ravenna market reports.

Frequently Asked Questions

What is the average home price in Kent, Ohio?

Recent closed sales averaged $314,006 on homes of roughly 2,122 square feet with 3.4 bedrooms. That is about 10% above Ohio’s statewide median sale price of $285,000.

How fast do homes sell in Kent?

Homes currently under contract reached agreement in 39 days, against 54 days for homes that already closed — a 15-day improvement. Listings still available have been on the market an average of 50 days.

Do Kent sellers get their asking price?

Yes. Recent closings averaged 100.4% of list price, roughly $1,399 above asking. There is very little systematic negotiating room in either direction.

Is Kent a seller’s market?

It leans that way. There are 35 homes for sale against 27 under contract — a ratio of 1.30, below the 1.5 to 2.0 range that describes balance. Selection is limited without being severely constrained.

Does Kent State University affect the housing market?

Substantially. The university is the largest employer in Portage County and supports both a steady rental market and consistent demand from faculty and staff buyers. That institutional base is a large part of why demand here stays stable through cycles that move other markets more sharply.

How much is the monthly payment on an average Kent home?

At the August 2026 average sale price of $314,006, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $1,613 a month before taxes and insurance.

Get a Personalized Kent Market Analysis

A citywide average cannot tell you what your home is worth. A near-campus property, a family home on the west side and a newer build toward Brimfield are three different markets sharing one city — each with its own buyer pool and pricing logic.

Ready to make a move? Search all Kent, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific neighborhood.

Sources: Kent Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

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Aug. 27, 2026

Green Ohio Real Estate Market Report – August 2026

Buyers under contract in Green are paying $183 per square foot. Buyers who closed a few months ago paid $164. That is a 12% jump — and the homes under contract are smaller than the ones that closed, which normally pushes the per-foot rate up only modestly. Something is firming quickly in Green real estate, and the closed-sale averages have not caught up.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Green Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Green market area in Summit County.

Market Metric	Active	Under Contract	Sold
Number of Properties	23	19	49
Average List Price	$435,094	$409,392	$378,483
Average Sold Price	—	—	$379,611
Average Bedrooms	3.3	3.4	3.4
Average Bathrooms	2.8	2.6	2.8
Average Living Area	2,502 sq ft	2,120 sq ft	2,366 sq ft
Average Price per Sq Ft	$188	$183	$164
Average Days on Market	34	46	70

Source: Green Ohio Real Estate Market Report, live MLS data, August 2026. This market area reports smaller counts than most — 49 closed sales and 19 pending — so individual transactions carry more weight in these averages. Treat the figures as indicative.

A 12% Jump in the Per-Foot Rate

Pending sales are the most current evidence in any market report. In Green they are transacting at $183 per square foot against the $164 recent closings achieved.

What makes that gap meaningful rather than incidental is the size data. Homes under contract average 2,120 square feet — about 10% smaller than the 2,366 square feet of closed sales. Smaller homes normally carry a somewhat higher rate per foot, but not 12% higher.

Strip out the size effect and there is still clear upward movement in what buyers are willing to pay. If it holds, the next round of closed figures will land well above the current $379,611.

And the Pace Has Improved by More Than Three Weeks

Homes under contract reached agreement in 46 days. Homes that closed took 70. That is a 24-day improvement, or roughly 34% faster.

Active listings sit at just 34 days — below both figures, meaning the available inventory is newer than what recently sold and nothing is accumulating.

Rising prices and shortening timelines together are the strongest combination a seller can see, and Green is showing both simultaneously.

Only 23 Homes to Choose From

Twenty-three active listings against 19 under contract gives a ratio of 1.21, below the balanced 1.5-to-2.0 range.

In absolute terms that is a very small pool for a community of more than 27,000 people. Combined with the 34-day active average, it means a buyer who sees something suitable is looking at inventory that will likely be gone within the month.

Sellers Get Full Price

Recent closings averaged $379,611 against an average list price of $378,483 — a sale-to-list ratio of 100.3%, or about $1,128 above asking.

A modest premium rather than a bidding war. Read with everything above, the picture is a market where correctly priced homes sell quickly at full price, and where the definition of "correctly priced" has been moving upward.

Ohio Context and Mortgage Rates

Ohio REALTORS reported a statewide median sale price of $285,000 for July 2026, up 3.6% from a year earlier, on 12,723 closed sales. Statewide active listings stood at 39,641 with 3.72 months of supply. Green's $379,611 average runs roughly 33% above the state median — a Summit County community with highway access to both Akron and Canton and a large share of newer housing.

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $1,950 a month in principal and interest before taxes and insurance.

Green Market Breakdown by Property Type

Single-family homes. Effectively the whole market — 3.4-bedroom homes near 2,366 square feet with close to three baths. Start with homes for sale in Green, Ohio.
Condos and low-maintenance living. With only 23 listings citywide, this segment is a genuinely practical alternative rather than a fallback. Compare Green condos for sale.
New construction. An important source of supply in a community that has grown substantially, and worth checking first given how thin resale inventory is. See new construction homes in Green.
Lots and land. Still available here, unlike the built-out inner-ring suburbs. Browse Green lots and land.
Commercial property. The Massillon Road corridor and the area around the airport trade on fundamentals unrelated to the residential figures above. Review Green commercial real estate.
Multi-family and investment. Scarce in a market dominated by owner-occupied single-family product. See Green multi-family and investment property.
Distressed and below-market. Rare in a market this tight with fresh inventory. Check Green foreclosures and distressed sales.

Featured Green Neighborhoods

A citywide average of $164 per square foot spans neighborhoods with different ages and lot sizes. Neighborhood data is where the number that applies to your home actually lives:

Camelot Hills · Diamond Shores · Enclave At Forest Lakes · Forest Lakes · Greystone Estates · Heron Watch · Highlands At Greens · Hillcrest Highlands · Hyde Park Glens · Hyde Park Phase Iii · Hyde Park Planned Community · Kings Ridge · Lakes Of Green · Lawnfield Estates · Mayfair East · Mayfair Heights · Mirror Lake · Mystic Pointe · Nimisila Sun · Park Place Estates

What This Means If You Are Buying

Budget against $183 per square foot, not $164. The closed data describes a market that has already moved. Building your expectations from it is the most common way buyers get repeatedly outbid in a firming market.

Be ready to move within days. Twenty-three listings and a 34-day active average mean the window on any particular home is short, and there is no accumulated inventory to fall back on.

Look seriously at new construction. In a market with this little resale supply, it is one of the few places where you are not competing head-to-head with other buyers for a fixed pool of houses.

What This Means If You Are Selling

Your comparable sales are probably understating you. Recent closings show $164 per square foot; buyers under contract are paying $183. For a 2,366-square-foot home, that is the difference between roughly $388,000 and $433,000.

Price against the pending evidence rather than the closed comparables, then verify against your specific neighborhood — with only 19 pendings, that figure is directional rather than precise, and it deserves a second look before you set a number.

Expect a fast process. Homes are reaching contract in about six and a half weeks and the trend is improving.

How Green Compares Nearby

Buyers weighing Green routinely also look at Uniontown, North Canton, Hartville, Akron and Canton. Compare the underlying data at the North Canton, Akron and Canton market reports.

Frequently Asked Questions

What is the average home price in Green, Ohio?

Recent closed sales averaged $379,611 on homes of roughly 2,366 square feet with 3.4 bedrooms. That is about 33% above Ohio’s statewide median sale price of $285,000.

Are home prices rising in Green, Ohio?

The forward-looking data suggests so, and notably. Recent closings averaged $164 per square foot while homes currently under contract are paying $183 — about 12% more, on homes that are actually smaller. That combination points to real upward pressure.

How fast do homes sell in Green?

Homes currently under contract reached agreement in 46 days, against 70 days for homes that already closed. Listings still available have been on the market just 34 days, so inventory is not accumulating.

Do Green sellers get their asking price?

Essentially yes. Recent closings averaged 100.3% of list price, about $1,128 above asking. Correctly priced homes transact at full price with a small premium.

Is Green a seller’s market?

Yes. There are 23 homes for sale against 19 under contract — a ratio of 1.21, below the 1.5 to 2.0 range that describes balance. With only 23 listings citywide, genuine selection is limited.

How much is the monthly payment on an average Green home?

At the August 2026 average sale price of $379,611, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $1,950 a month before taxes and insurance.

Get a Personalized Green Market Analysis

In a market where the pending data is running 12% ahead of the closed data, an automated valuation built on recent comparables will lag reality. Ready to make a move? Search all Green, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific neighborhood.

Sources: Green Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

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Aug. 27, 2026

Shaker Heights Ohio Real Estate Market Report – August 2026

Shaker Heights has 82 homes for sale and 21 under contract. That is nearly four available homes for every one going to a buyer — the widest selection of any market in this series, and roughly double the top of what a balanced market looks like. If you have been waiting for a market where you can take your time, Shaker Heights is it.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Shaker Heights Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Shaker Heights market area in Cuyahoga County.

Market Metric	Active	Under Contract	Sold
Number of Properties	82	21	107
Average List Price	$325,658	$416,338	$368,869
Average Sold Price	—	—	$365,734
Average Bedrooms	3.3	3.9	3.6
Average Bathrooms	2.7	3.4	3.1
Average Living Area	2,095 sq ft	2,967 sq ft	2,515 sq ft
Average Price per Sq Ft	$138	$138	$138
Average Days on Market	82	55	75

Source: Shaker Heights Ohio Real Estate Market Report, live MLS data, August 2026. Only 21 homes are currently under contract, so that column rests on a smaller sample than the others and should be read as directional.

Nearly Four Homes Available for Every One Selling

The active-to-pending ratio here is 3.90. For context, a balanced market runs 1.5 to 2.0, and most of the Cleveland suburbs in this series sit below 1.2 — Parma at 0.92, Strongsville at 0.95, Cuyahoga Falls at 0.87.

Shaker Heights is operating in a completely different regime. With 82 listings and 21 pending, a buyer here can view a dozen homes, lose out on two, and still have real alternatives. That is genuinely rare in Northeast Ohio right now.

It also means sellers are competing with each other rather than waiting for demand. A home priced ambitiously in this market does not get negotiated — it gets skipped, because there are 81 others.

$138 per Square Foot, Everywhere

The per-foot row is the most unusual thing in this report. Active listings ask $138. Homes under contract are paying $138. Recent closings went for $138.

Three identical figures across three different stages of the market. Across this entire series, no other city has produced that.

What it says is that Shaker Heights has found a stable clearing price. Prices are not climbing the way Garfield Heights or Akron show, and not drifting down the way Warren or Cleveland show. The market has settled, and both sides appear to agree on what a square foot here is worth.

For a buyer that is genuinely useful information: the rate is not going to surprise you, and a listing far off $138 per foot deserves a specific explanation.

Buyers Are Taking the Larger Homes

The size progression runs the opposite direction from the supply picture. Active listings average 2,095 square feet and 3.3 bedrooms. Homes under contract average 2,967 square feet and 3.9 bedrooms — roughly 42% more space.

With the rate per foot identical across columns, that size difference is the entire explanation for why pending list prices ($416,338) sit above both active ($325,658) and sold ($368,869).

The caveat matters here: 21 pendings is a small sample, and a handful of large homes could produce this. Treat it as a signal that the substantial historic housing stock is what is moving, not as a precise measurement.

What the Selection Costs You in Time

Active listings have been on the market an average of 82 days — the accumulation you would expect when supply outruns demand this far. Homes under contract took 55 days, and closings took 75.

The pending figure being well under both is the encouraging note. Homes that are correctly priced and well presented are still finding buyers in under two months; it is the rest of the inventory driving that 82-day average upward.

Ohio Context and Mortgage Rates

Ohio REALTORS reported a statewide median sale price of $285,000 for July 2026, up 3.6% from a year earlier, on 12,723 closed sales. Statewide active listings stood at 39,641 with 3.72 months of supply. Shaker Heights' $365,734 average runs about 28% above the state median while delivering 2,515 square feet — considerably more house than the typical Ohio sale at any price.

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $1,878 a month in principal and interest. Property taxes here are a significant addition to that figure and should be modeled explicitly for any specific address rather than estimated from a rule of thumb.

Shaker Heights Market Breakdown by Property Type

Single-family homes. The heart of the market — 3.6-bedroom homes near 2,515 square feet, much of it architecturally significant early-twentieth-century stock. Start with homes for sale in Shaker Heights, Ohio.
Condos and low-maintenance living. A meaningful segment, including historic buildings along the rapid transit lines. Compare Shaker Heights condos for sale.
New construction. Very limited in a fully built-out planned community. See new construction homes in Shaker Heights.
Lots and land. Essentially nonexistent except as redevelopment sites. Browse Shaker Heights lots and land.
Commercial property. Shaker Square and the Van Aken District trade on fundamentals unrelated to the residential figures above. Review Shaker Heights commercial real estate.
Multi-family and investment. A established market of larger doubles and apartment buildings with steady demand from the nearby university and hospital systems. See Shaker Heights multi-family and investment property.
Distressed and below-market. More available here than in tighter suburbs, and where condition risk on century-old housing is highest. Check Shaker Heights foreclosures and distressed sales.

What This Means If You Are Buying

Use the selection deliberately. With 82 listings and a 3.90 ratio, you can afford to be genuinely particular about condition, street and floor plan in a way that is impossible ten miles west.

Negotiate on the aged inventory. The average concession is $3,135, but that average includes fresh listings. Homes that have been available past the 82-day mark are where the real reductions live — ask how long before you decide what to offer.

Run the tax math before you fall in love with a house. In Shaker Heights the monthly carrying cost can differ substantially from the mortgage payment, and that difference is large enough to change which homes are actually within your budget.

What This Means If You Are Selling

Price at $138 per square foot and mean it. In a market with 82 competing listings and a per-foot rate that has not moved across three stages of the pipeline, there is no evidence that asking more gets tested and rewarded. It gets skipped.

For a 2,515-square-foot home, $138 per foot implies roughly $347,000. That is the number the market has been agreeing on.

Presentation is your real lever. The homes reaching contract in 55 days rather than sitting for 82 are the ones that photographed well and showed well on day one. In a buyer's market with this much choice, that is what separates the two groups.

How Shaker Heights Compares Nearby

Buyers weighing Shaker Heights routinely also look at Cleveland Heights, University Heights, Beachwood, South Euclid and Pepper Pike. Compare the underlying data at the Cleveland Heights, Beachwood and University Heights market reports.

Frequently Asked Questions

Is Shaker Heights a buyer’s market?

Distinctly so. There are 82 homes actively for sale against 21 under contract — a ratio of 3.90, nearly double the top of the 1.5 to 2.0 balanced range. Buyers have more selection here than in any other market we track in Cuyahoga County.

What is the average home price in Shaker Heights, Ohio?

Recent closed sales averaged $365,734 on homes of roughly 2,515 square feet with 3.6 bedrooms. That is about 28% above Ohio’s statewide median, and it buys considerably more square footage than that figure would suggest elsewhere.

How much can you negotiate off asking price in Shaker Heights?

Recent closings averaged 99.2% of list price — a concession of about $3,135. With 82 listings competing and an 82-day average on active inventory, homes that have been sitting are where larger reductions appear.

Are prices rising or falling in Shaker Heights?

Neither. Price per square foot is $138 in all three columns — active, under contract, and sold. That is an unusually stable reading and indicates a market holding its level rather than moving in either direction.

Why are the homes under contract so much larger than the ones for sale?

Homes under contract average 2,967 square feet against 2,095 for active listings. Buyers appear to be absorbing the larger historic homes while smaller inventory accumulates. Note that only 21 homes are under contract, so that figure rests on a small sample.

How much is the monthly payment on an average Shaker Heights home?

At the August 2026 average sale price of $365,734, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $1,878 a month before taxes and insurance. Property taxes in Shaker Heights are substantial and should be modeled explicitly rather than estimated.

Get a Personalized Shaker Heights Market Analysis

A citywide average is a weak guide in a community with housing this varied — from Shaker Square apartments to the large estate homes on the eastern boundary. Ready to make a move? Search all Shaker Heights, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific street.

Sources: Shaker Heights Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

Posted in Market Updates, OH-Shaker Heights

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Aug. 27, 2026

Garfield Heights Ohio Real Estate Market Report – August 2026

Two things are happening in Garfield Heights at once, and they point the same direction. Homes under contract are paying $102 per square foot against the $95 recent closings achieved — about 7% more. And they are reaching agreement in 49 days against 75. Prices up, timelines shorter. Garfield Heights is recovering from a low base, and buyers still have room to negotiate while it does.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Garfield Heights Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Garfield Heights market area in Cuyahoga County.

Market Metric	Active	Under Contract	Sold
Number of Properties	62	35	155
Average List Price	$161,974	$157,839	$150,881
Average Sold Price	—	—	$148,186
Average Bedrooms	3.2	3.2	3.1
Average Bathrooms	1.7	1.7	1.7
Average Living Area	1,545 sq ft	1,661 sq ft	1,647 sq ft
Average Price per Sq Ft	$113	$102	$95
Average Days on Market	62	49	75

Source: Garfield Heights Ohio Real Estate Market Report, live MLS data, August 2026.

The Per-Foot Rate Is Climbing Through the Pipeline

Read the price-per-square-foot row in the order the market actually moves: $95 for homes that closed, $102 for homes under contract, $113 asked on what is still available.

Each stage sits above the last. The pending figure is the one that matters most, because it reflects agreements reached in the past few weeks rather than months ago, and it is running 7% above recent closings.

In a market at this price level, 7% is roughly $10,000 on a typical home. That is not a rounding artifact.

And the Pace Has Improved by Almost Four Weeks

Homes under contract reached agreement in 49 days. Homes that already closed took 75. Listings still available have been sitting 62.

Rising prices with shortening timelines is the clearest combination of signals a market can send. It means demand is strengthening rather than sellers cutting to move inventory — if the reverse were true, the pending per-foot figure would sit below the closed one, not above it.

Buyers Still Get a Discount

Recent closings averaged $148,186 against an average list price of $150,881 — a sale-to-list ratio of 98.2%, or roughly $2,695 off asking.

That is the part of this market that still favors buyers, and it sits alongside a 1.77 active-to-pending ratio that gives genuine selection. Sixty-two homes are available against 35 under contract.

The honest framing is that Garfield Heights currently offers a combination that does not usually last: real negotiating room in a market whose leading indicators are both improving.

Affordability Is the Foundation

At $148,186 average, this is among the most attainable markets in Cuyahoga County. At 6.65% with 20% down, that works out to roughly $761 a month in principal and interest.

What it buys is a three-bedroom home of about 1,647 square feet — a genuine family house, not a starter unit.

The necessary caveat: at this price level, property taxes and insurance frequently exceed the mortgage payment itself. The $761 is the loan, not the cost of ownership. Get a full escrow estimate before building a budget around it.

Ohio Context and Mortgage Rates

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At this price level a quarter-point rate change moves the payment by roughly $17 a month, so the negotiated price matters far more than rate timing.

Garfield Heights Market Breakdown by Property Type

Single-family homes. The core of the market — three-bedroom homes near 1,647 square feet, largely mid-century stock. Start with homes for sale in Garfield Heights, Ohio.
Condos and low-maintenance living. A smaller segment worth comparing against detached inventory at this price point. Compare Garfield Heights condos for sale.
New construction. Very limited in a built-out city. See new construction homes in Garfield Heights.
Lots and land. Occasional infill parcels. Browse Garfield Heights lots and land.
Commercial property. The Turney Road and Transportation Boulevard corridors trade on fundamentals unrelated to the residential figures above. Review Garfield Heights commercial real estate.
Multi-family and investment. Low entry prices and steady rental demand make this an active investor market. See Garfield Heights multi-family and investment property.
Distressed and below-market. Present in meaningful numbers, and where condition risk is highest. Check Garfield Heights foreclosures and distressed sales.

Featured Garfield Heights Neighborhoods

A citywide average of $95 per square foot spans neighborhoods with different housing stock and condition profiles. Neighborhood data is where the number that applies to your home actually lives:

Birchwood Road · Bohning Gardens · Cole Homes Incs · Conte Estates · Cranwood Park · Crofton Overlook · Dorothy Ave · Field Gardens · Garf Heights · Garfield Blvd Allotments · Garfield Grand View · Garfield Grandview · Garfield Heights Manor · Garfield Hlnds · Garfield Hts · Garfield Park Granger Road · Garfield Park Oval · Garfield Park Overlook · Garfield Parkway · Garfield Valley

What This Means If You Are Buying

Act sooner rather than later. The concession is real today, but both leading indicators — price per foot and time to contract — are moving against buyers. Waiting for a better market is a bet against what the current data shows.

Budget against $102 per square foot, not $95. The pending cohort is the most current evidence of what homes actually cost, and building expectations from the closed data will leave you consistently short.

Inspect thoroughly and price the work. At this price point, condition is the dominant variable, and the difference between a $148,000 house that needs a roof and one that does not is most of your first year's budget.

What This Means If You Are Selling

The market is moving toward you. Homes are reaching contract 26 days faster than the closed data implies, and buyers are paying more per foot than your comparable sales will show.

Price against $102 per square foot rather than $95 — roughly $168,000 for a 1,647-square-foot home. Your recent comparables are describing a weaker market than the one currently operating.

Still budget for a concession near $2,700. Buyers here do negotiate, and building that into your number from the start prevents the common mistake of rejecting a fair offer early and accepting less later.

How Garfield Heights Compares Nearby

Buyers weighing Garfield Heights routinely also look at Maple Heights, Parma, Brooklyn, Independence and Cleveland. Compare the underlying data at the Maple Heights, Parma and Cleveland market reports.

Frequently Asked Questions

What is the average home price in Garfield Heights, Ohio?

Recent closed sales averaged $148,186 on homes of roughly 1,647 square feet with 3.1 bedrooms. That is about 48% below Ohio’s statewide median sale price of $285,000, making it one of the most affordable markets in Cuyahoga County.

Are home prices rising in Garfield Heights?

The forward-looking data says yes. Recent closings averaged $95 per square foot while homes currently under contract are paying $102 — about 7% more. Pending sales reflect the most recent agreements, so next quarter’s closed figures are likely to print higher.

How much can you negotiate off asking price in Garfield Heights?

Recent closings averaged 98.2% of list price — an average concession of about $2,695. That is genuine negotiating room, and listings past the 62-day active average tend to offer more.

Is the Garfield Heights market speeding up?

Yes. Homes under contract reached agreement in 49 days against 75 days for homes that already closed — a 26-day improvement, one of the larger accelerations in the county.

How much is the monthly payment on an average Garfield Heights home?

At the August 2026 average sale price of $148,186, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $761 a month before taxes and insurance. At this price point taxes and insurance frequently exceed the loan payment, so budget the full escrow figure.

Is Garfield Heights a good market for first-time buyers?

The entry price and the negotiating room both help, and the accelerating pace suggests conditions are improving rather than deteriorating. The caution is condition — at this price level, inspection findings are the largest variable in what you actually own.

Get a Personalized Garfield Heights Market Analysis

A citywide average cannot tell you what your home is worth, and in a market where the pending data is running 7% ahead of the closed data, an automated valuation is likely to understate it. Ready to make a move? Search all Garfield Heights, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific street.

Sources: Garfield Heights Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

Posted in Market Updates, OH-Garfield Heights

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Aug. 27, 2026

Austintown Ohio Real Estate Market Report – August 2026

Austintown homes that closed recently took 76 days to sell. Homes going under contract right now are taking 51. That is a 25-day improvement, and it is happening while sellers still concede about $2,293 off asking. Austintown is a market where buyers currently hold an advantage that the trend line says is narrowing.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

Austintown Ohio Market Snapshot – August 2026

Figures come from live MLS data for the Austintown market area in Mahoning County.

Market Metric	Active	Under Contract	Sold
Number of Properties	33	23	92
Average List Price	$254,220*	$233,808	$214,628
Average Sold Price	—	—	$212,335
Average Bedrooms	3.1	3.2	3.0
Average Bathrooms	2.1	2.2	1.9
Average Living Area	1,754 sq ft*	1,735 sq ft	1,676 sq ft
Average Price per Sq Ft	$151*	$132	$133
Average Days on Market	45	51	76

Source: Austintown Ohio Real Estate Market Report, live MLS data, August 2026. *One active listing carries a living area recorded as 1 square foot in the MLS record, which corrupts the published active averages for size, price and cost per square foot. The active figures above are recalculated with that record excluded. The pending and sold columns are unaffected.

The Pace Has Improved by More Than Three Weeks

Pending sales describe the present. Closed sales describe the recent past. In Austintown they are 25 days apart, and the present is faster.

Homes under contract reached agreement in 51 days. Homes that already closed took 76. Active listings have been available just 45 days — below both, which means inventory is turning over rather than accumulating.

A 33% improvement in absorption over a single season is a real change, not noise. Whatever conditions produced those 76-day closings have already shifted.

Buyers Still Have Negotiating Room — For Now

Recent closings averaged $212,335 against an average list price of $214,628 — a sale-to-list ratio of 98.9%, or roughly $2,293 off asking.

That is meaningful by current Ohio standards, where much of the state is closing at or above list. Combined with a 1.43 active-to-pending ratio, buyers here have both choice and leverage.

The tension is that these two findings point opposite directions. The concession data describes a buyer's market; the timing data describes one that is tightening quickly. Both are true, and the timing figure is the more current of the two.

Pricing Is Holding Steady

Recent closings went for $133 per square foot. Homes under contract are at $132 — essentially flat, within a dollar.

So the acceleration is not being bought with discounts. Homes are selling faster at the same rate per foot, which is the healthier version of a speeding-up market. If prices were falling to move inventory, the pending figure would sit well below the closed figure. It does not.

A Note on the Data

Worth being transparent about one thing. The published active averages for this market are distorted by a single MLS record listing a home's living area as one square foot. That produces a nonsensical cost-per-square-foot figure of over $5,000 in the raw data.

The active column above recalculates without that record, giving $151 per square foot across 1,754 square feet. It is the kind of error worth knowing about, because automated valuation tools that ingest this data without checking will produce strange results for Austintown until the record is corrected.

Ohio Context and Mortgage Rates

Ohio REALTORS reported a statewide median sale price of $285,000 for July 2026, up 3.6% from a year earlier, on 12,723 closed sales. Statewide active listings stood at 39,641 with 3.72 months of supply. Austintown's $212,335 average runs roughly 26% below the state median.

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $1,090 a month in principal and interest before taxes and insurance.

Austintown Market Breakdown by Property Type

Single-family homes. The core of the market — three-bedroom homes near 1,676 square feet. Start with homes for sale in Austintown, Ohio.
Condos and low-maintenance living. A useful alternative at this price point. Compare Austintown condos for sale.
New construction. Limited locally and priced above the resale rate. See new construction homes in Austintown.
Lots and land. Available in and around the township. Browse Austintown lots and land.
Commercial property. The Mahoning Avenue corridor trades on fundamentals unrelated to the residential figures above. Review Austintown commercial real estate.
Multi-family and investment. Attainable entry prices and steady rental demand from the Youngstown area. See Austintown multi-family and investment property.
Distressed and below-market. Present in meaningful numbers, and where condition risk is highest. Check Austintown foreclosures and distressed sales.

Featured Austintown Neighborhoods

A citywide average of $133 per square foot spans neighborhoods with different housing stock and price levels. Neighborhood data is where the number that applies to your home actually lives:

Austin Brook Acres · Austin Manor · Austin Village · Austinwood Heights · Bella Terra Villas · Beverly Hill · Bryant Woods · Calaway Cond · Callaway Gardens · Callaway Manor · Capital Estates · Chapel Valley · College Park · Country Green Estates · Cross Creek · Evans Estates · Fairview Heights · Forest Hill Estates · Forest Hills · Forestview Acres

What This Means If You Are Buying

Negotiate, but do not dawdle. The $2,293 average concession is real and worth pursuing — particularly on listings that have been available past the 45-day active average. But the 25-day improvement in pending times says the window for that leverage is narrowing.

Use $133 per square foot as your benchmark. Both the sold and pending columns agree on it, which makes it an unusually reliable anchor.

Ignore any automated valuation that produces a strange number for Austintown. The active data in this market currently contains a record that breaks per-square-foot calculations, and tools that ingest it without validation will mislead you.

What This Means If You Are Selling

Conditions are improving in your favor. Homes are reaching contract 25 days faster than the closed data implies, so plan for roughly seven weeks rather than eleven.

Price near $133 per square foot — about $223,000 for a 1,676-square-foot home — and budget for a concession around $2,300. Both figures are well supported by the current data.

Do not stretch. With buyers still extracting discounts, an ambitious list price puts you in the group that produced those 76-day closings rather than the group reaching contract in 51.

How Austintown Compares Nearby

Buyers weighing Austintown routinely also look at Youngstown, Boardman, Canfield, Niles and Struthers. Compare the underlying data at the Youngstown, Canfield and Niles market reports.

Frequently Asked Questions

What is the average home price in Austintown, Ohio?

Recent closed sales averaged $212,335 on homes of roughly 1,676 square feet with 3 bedrooms. That is about 26% below Ohio’s statewide median sale price of $285,000.

Is the Austintown market speeding up?

Yes, considerably. Homes currently under contract reached agreement in 51 days, against 76 days for homes that already closed. That 25-day improvement is one of the sharper accelerations in the Mahoning Valley.

How much can you negotiate off asking price in Austintown?

Recent closings averaged 98.9% of list price — an average concession of about $2,293. That is genuine negotiating room, though the improving pace suggests it may not last.

Is Austintown a buyer’s market?

It leans that way for now. There are 33 homes for sale against 23 under contract, a ratio of 1.43, and sellers are still conceding. But with contracts forming 25 days faster than recent closings, conditions are tightening.

What is the price per square foot in Austintown, Ohio?

Recent closed sales averaged $133 per square foot and homes under contract are at $132. Active listings work out to roughly $151 per square foot once a data error is corrected — one listing carries a living area recorded as 1 square foot, which distorts the published active average.

How much is the monthly payment on an average Austintown home?

At the August 2026 average sale price of $212,335, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $1,090 a month before taxes and insurance.

Get a Personalized Austintown Market Analysis

A citywide average cannot tell you what your home is worth — and as the data note above shows, automated estimates are only as good as the records behind them. Ready to make a move? Search all Austintown, Ohio homes for sale, or reach out for a free, no-obligation valuation checked against real comparable sales.

Sources: Austintown Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

Posted in Market Updates, OH-Austintown

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Aug. 27, 2026

North Royalton Ohio Real Estate Market Report – August 2026

The homes under contract in North Royalton average 2,952 square feet. The homes currently for sale average 2,069. Buyers are contracting for houses 43% larger than what is sitting on the market — and paying more per square foot to do it. That mismatch is the defining feature of North Royalton real estate this month, and it has direct consequences for both sides.

Below is the full August 2026 picture — active inventory, homes under contract, closed sales, price per square foot and days on market.

North Royalton Ohio Market Snapshot – August 2026

Figures come from live MLS data for the North Royalton market area in Cuyahoga County. Listing counts are the full totals; the averages cover all listings in each category.

Market Metric	Active	Under Contract	Sold
Number of Properties	42	43	161
Average List Price	$299,064	$436,021	$343,696
Average Sold Price	—	—	$345,164
Average Bedrooms	2.9	3.4	3.0
Average Bathrooms	2.3	2.9	2.5
Average Living Area	2,069 sq ft	2,952 sq ft	2,390 sq ft
Average Price per Sq Ft	$144	$152	$148
Average Days on Market	46	72	59

Source: North Royalton Ohio Real Estate Market Report, live MLS data, August 2026.

A Size Mismatch, Not a Price Problem

Run the three living-area figures in order: 2,069 square feet available, 2,390 sold, 2,952 under contract. Bedrooms follow the same path — 2.9, 3.0, 3.4.

Buyers are working steadily upward. The larger homes get absorbed as they list, the sold data reflects a middle ground, and what remains on the market is the smaller end.

This is why the price columns look strange. Average asking price is $299,064 while average sale price is $345,164 — asking below selling, which normally signals a falling market. Here it just reflects that the listed homes are smaller than the sold ones.

The Per-Foot Data Makes It More Striking

Ordinarily, larger homes trade at a lower rate per square foot. The extra footage tends to be bedrooms and bonus space rather than kitchens and baths, so the rate falls as size rises.

North Royalton is doing the opposite. Homes under contract average 2,952 square feet and $152 per square foot — higher than the $148 recent closings achieved on 2,390 square feet, and well above the $144 active listings ask on 2,069.

Bigger houses commanding a higher rate per foot is a genuine signal of demand concentrating at the upper end of this market. If it holds, the next round of closed figures will print well above the current $345,164.

Supply Is Effectively Balanced at Zero

Forty-two homes available against 43 under contract gives a ratio of 0.98. A balanced market runs 1.5 to 2.0; North Royalton has roughly one available home for every one already spoken for.

And the composition makes that worse than it reads. If you want 2,900 square feet, you are not choosing from 42 listings — you are choosing from the small subset of them that are large, in a market where that subset is precisely what keeps disappearing into the pending column.

Sellers Get Full Price

Recent closings averaged $345,164 against an average list price of $343,696 — a sale-to-list ratio of 100.4%, or roughly $1,468 above asking.

A modest premium rather than a bidding frenzy, which is consistent with the rest of the picture. The competition here is showing up in what buyers are willing to buy rather than in aggressive overbidding on what is already listed.

One Note on Timing

Homes under contract took 72 days to reach agreement, against 59 for homes that closed and 46 for listings still available.

That is a slower pending figure, and it deserves an honest reading: larger, more expensive homes generally take longer to sell, so a pending cohort skewed 43% larger would be expected to show more days on market. The timing difference likely reflects what is selling rather than a slowdown in demand.

Ohio Context and Mortgage Rates

Ohio REALTORS reported a statewide median sale price of $285,000 for July 2026, up 3.6% from a year earlier, on 12,723 closed sales. Statewide active listings stood at 39,641 with 3.72 months of supply. North Royalton's $345,164 average runs roughly 21% above the state median.

On financing, Freddie Mac’s Primary Mortgage Market Survey for the week of August 20, 2026 put the 30-year fixed at 6.65%, down from 6.67% the prior week and the second consecutive weekly decline. The 15-year averaged 5.95%. At 6.65% with 20% down, the average sale price works out to roughly $1,773 a month in principal and interest before taxes and insurance. At the $436,021 the pending cohort is carrying, the same calculation runs closer to $2,239.

North Royalton Market Breakdown by Property Type

Single-family homes. The core of the market — three-bedroom homes near 2,390 square feet. Start with homes for sale in North Royalton, Ohio.
Condos and low-maintenance living. A meaningful share of the smaller current inventory, and where selection is genuinely available. Compare North Royalton condos for sale.
New construction. The most likely source of the larger homes buyers are contracting for, and worth checking first if square footage is your priority. See new construction homes in North Royalton.
Lots and land. Still available in pockets on the southern edge. Browse North Royalton lots and land.
Commercial property. The State Road and Royalton Road corridors trade on fundamentals unrelated to the residential figures above. Review North Royalton commercial real estate.
Multi-family and investment. Limited local supply with steady rental demand. See North Royalton multi-family and investment property.
Distressed and below-market. Rare in a market closing above asking with a 0.98 supply ratio. Check North Royalton foreclosures and distressed sales.

What This Means If You Are Buying

If you want space, act on it immediately when it appears. The pending data shows larger homes being absorbed continuously, and the active pool is where the smaller leftovers sit. Waiting for a 2,900-square-foot listing to linger is waiting for something this market has not been doing.

Budget against $152 per square foot, not $144. The asking average reflects smaller homes; the rate buyers are actually paying on larger ones is meaningfully higher.

If a smaller home works for you, your position is much better. That is where the available inventory is concentrated, and where you will find the least competition in North Royalton right now.

What This Means If You Are Selling

If your home is on the larger end, your comparable sales are probably understating you. Recent closings averaged 2,390 square feet at $148 per foot; buyers under contract are paying $152 on homes averaging 2,952. Price against the pending evidence.

For a 2,952-square-foot home, $152 per foot implies roughly $449,000 — well above what the $345,164 citywide average would suggest. That citywide figure describes a smaller house than yours.

If your home is smaller, understand that you are in the crowded part of this market. Anchor to comparable smaller properties rather than the citywide average, and expect presentation to matter more than it would at the top end.

How North Royalton Compares Nearby

Buyers weighing North Royalton routinely also look at Strongsville, Broadview Heights, Brecksville, Parma and Brunswick. Compare the underlying data at the Strongsville, Broadview Heights and Parma market reports.

Frequently Asked Questions

What is the average home price in North Royalton, Ohio?

Recent closed sales averaged $345,164 on homes of roughly 2,390 square feet with 3 bedrooms. That is about 21% above Ohio’s statewide median sale price of $285,000.

Why are the homes under contract so much larger than the ones for sale?

Homes under contract average 2,952 square feet against 2,069 for active listings — about 43% more house. Buyers are absorbing the larger homes as they appear, leaving smaller inventory behind. It means the effective selection for anyone wanting space is far thinner than the 42-listing count suggests.

Do homes in North Royalton sell above asking price?

On average, slightly. Recent closings averaged 100.4% of list price, roughly $1,468 above asking.

Is North Royalton a seller’s market?

Yes. There are 42 homes for sale against 43 under contract — a ratio of 0.98, meaning roughly as many homes are spoken for as available. That is well below the 1.5 to 2.0 range that describes a balanced market.

What is the price per square foot in North Royalton, Ohio?

Recent closed sales averaged $148 per square foot. Homes under contract are paying $152 despite being substantially larger, and active listings ask $144 on smaller homes. Larger homes normally carry a lower rate per foot, so the pending figure is a genuinely strong signal.

How much is the monthly payment on an average North Royalton home?

At the August 2026 average sale price of $345,164, with 20% down at a 6.65% 30-year fixed rate, principal and interest works out to roughly $1,773 a month before taxes and insurance.

Get a Personalized North Royalton Market Analysis

In a market where the homes going under contract are 43% larger than the homes for sale, a citywide average describes almost nobody's actual property. Ready to make a move? Search all North Royalton, Ohio homes for sale, or reach out for a free, no-obligation valuation and a customized market report for your specific neighborhood.

Sources: North Royalton Ohio Real Estate Market Report (live MLS data, August 2026); Ohio REALTORS statewide housing report, July 2026; Freddie Mac Primary Mortgage Market Survey, August 20, 2026. Market data is a snapshot in time and subject to change.

Posted in Market Updates, OH-North Royalton

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