Summit County

A local view of the market.

Summit County, Ohio, has seen a significant rise in real estate values over the past year. As of October 2024, the median home sold price in the county was $200,008, reflecting an 8.6% increase from the previous year. This growth indicates a strong seller's market, with homes selling quickly and often above the asking price. The county includes several prominent cities, each contributing to its diverse real estate landscape. Akron, the largest city, has a population of approximately 190,000 and offers more affordable housing options with a median listing price of $139,000. Cuyahoga Falls, with a population of around 49,000, features a median listing price of $222,000. Hudson, known for its higher-end market, has a median listing price of $599,900, serving a population of about 22,000. Living in Summit County offers a blend of suburban and rural experiences, with suburban areas like Fairlawn and Stow providing a more urban lifestyle, while regions like Richfield offer a more rural setting. The county's economy is supported by industries such as healthcare, education, and manufacturing, attracting new residents seeking job opportunities and a balanced lifestyle. The migration patterns suggest that people are moving to Summit County for its affordable housing, quality schools, and proximity to larger metropolitan areas like Cleveland.