How much do homes in Summit County, OH cost?

Median List Price

$160,001

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$5,317(+3.4%)

Key Takeaway

The list price of homes in Summit County has increased by 3.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $60K$64.4K+7.4%
2 $99.9K$105K+5.1%
3 $139.9K$150.1K+7.3%
4 $249.8K$259.6K+3.9%
5+ $315.7K$324.9K+2.9%

Median List Price Compared To Nearby Counties

Cuyahoga County
+9.9%
Medina County
+9.7%
Stark County
+6.1%
Portage County
+5.7%
Summit County
+3.4%

How many homes are available in Summit County, OH?

Number of Homes For Sale

Jul 2021Aug 2021%
2,5782,525-2.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 1916-15.8%
2 396421+6.3%
3 1,2691,258-0.9%
4 718651-9.3%
5+ 176179+1.7%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
90 Days48 Days-46.0%

Breakdown of Home Sale Times

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Key Takeaway

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About Summit County, OH

Summit County, OH has 2,525 homes on the market. In August 2021 in Summit County, OH there were 2.1% less homes for sale than in July 2021. In August 2021 median list price was $160,001 and the average listing age was 48 days. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 7.4%, prices of 2 bedrooms properties went up by 5.1%, prices of 3 bedrooms properties went up by 7.3%, prices of 4 bedrooms properties increased by 3.9%, 5 bedrooms properties became 2.9% more expensive. This housing market inventory have changed: volume of 1 bedroom homes went down by 15.8%, number of 2 bedrooms homes increased by 6.3%, the quantity of 3 bedrooms homes went down by 0.9%, the quantity of 4 bedrooms homes went down by 9.3%, number of 5 bedrooms homes increased by 1.7%. In August 2021 more than 355 listings in Summit County, OH were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 212 were sold below.

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