New Franklin

Situated in Summit County, this small Ohio city of 13,830 residents carries a notably high owner-occupied rate of 87.1%, reflecting a stable, largely settled housing base. With only 15 active listings currently on the market, buyers will find limited inventory to work with, which tends to support consistent pricing. The median home price sits at $285,000, with a price per square foot of $236 across homes that average 2,557 square feet, offering relatively substantial living space at that price point. The median household income of $88,306 positions most residents comfortably relative to local home values. Families with children typically enroll in Manchester Local School District (Summit, district 7706). The combination of low turnover, strong ownership rates, and modest but real inventory constraints suggests a market where well-priced homes move without extended time on the market, and sellers generally hold a measured advantage over buyers in competitive situations.

Market description generated from current MLS and U.S. Census data.