Summit County, OH
Market description generated from current MLS and U.S. Census data.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
Home prices in the Cleveland-Elyria area have risen 81% over the past 8 years, compared to 87% nationally.
Source: Federal Reserve Economic Data (FRED) — Cleveland-Elyria HPI vs National HPI
| School District | Rating | Listings | Avg Price |
|---|---|---|---|
| Manchester LSD Summit- 7706 | 5 | $538,940 | |
| Coventry LSD | 2 | $308,700 |
School ratings from SchoolDigger.com
The median home price in New Franklin is $349,900, with active listings ranging from $119,900 to $1,200,000.
There are currently 7 active listings in New Franklin, Ohio.
The average price per square foot in New Franklin is $226, based on currently active listings.
New Franklin is served by Manchester LSD Summit- 7706, Coventry LSD.
New Franklin has a population of 13,830 residents with a median age of 47.5.
Homes in New Franklin average 2,096 square feet with 3.7 bedrooms and 3.0 bathrooms.
New Franklin has a 87.1% owner-occupied rate and a 4.2% vacancy rate. The median rent is $1,101.
The average commute time for New Franklin residents is 22.2 minutes.
| Address | Sold Price | Beds | Baths | Sq Ft | Sold Date |
|---|---|---|---|---|---|
| 5165 Fawn Dr, New Franklin | $239,900 | 3 | 2 | 1,106 | Jun 19, 2026 |
| 686 Portage Lakes Dr, New Franklin | $1,695 | 2 | 1 | 882 | Jun 4, 2026 |
| 4698 Manchester Rd, New Franklin | $288,000 | 5 | 3 | 3,342 | Jun 1, 2026 |
| 5638 Bonnie Lou Dr, New Franklin | $241,523 | 3 | 1 | 1,402 | Jun 1, 2026 |
| 5008 Laddie Dr, New Franklin | $270,000 | 3 | 3 | 1,541 | May 29, 2026 |
| 4352 W Hohman Cir, New Franklin | $210,000 | 2 | 1 | 1,436 | May 28, 2026 |
| 1069 W Nimisila Rd, New Franklin | $140,500 | 2 | 1 | 992 | May 21, 2026 |
| 4885 Will Dr, New Franklin | $350,000 | 4 | 3 | 2,680 | May 20, 2026 |
| 5200 Donner Drive, New Franklin | $330,000 | 3 | 3 | 1,626 | May 8, 2026 |
| 1365 Vanderhoof Road, New Franklin | $302,749 | 4 | 3 | 1,983 | May 6, 2026 |
Recently sold listings from the last 90 days, provided through the MLS IDX database. See full disclaimer below.