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
Source: FBI Crime Data Explorer (OH0772900)
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 | 12 | $658,054 | |
| Coventry LSD | 6 | $402,733 |
School ratings from SchoolDigger.com
The median home price in New Franklin is $242,450, with active listings ranging from $55,000 to $4,495,000.
There are currently 18 active listings in New Franklin, Ohio.
The average price per square foot in New Franklin is $253, 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 2,269 square feet with 3.6 bedrooms and 2.6 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 |
|---|---|---|---|---|---|
| 2704 Lyman Dr, New Franklin | $225,000 | 3 | 1 | 1,008 | Aug 8, 2026 |
| 4160 State Park Dr, New Franklin | $385,000 | 3 | 3 | 1,740 | Jul 28, 2026 |
| 1366 Castalia Dr, New Franklin | $520,000 | 4 | 3 | 2,890 | Jul 21, 2026 |
| 4847 Manchester Rd, New Franklin | $310,000 | 3 | 2 | 1,373 | Jul 21, 2026 |
| 708 Fairwood Rd, New Franklin | $240,000 | 3 | 2 | 1,626 | Jul 17, 2026 |
| 3824 S Turkeyfoot Rd, New Franklin | $100,000 | 0 | 0 | Jul 16, 2026 | |
| 5971 Spangler Dr, New Franklin | $600,000 | 3 | 4 | 2,784 | Jul 3, 2026 |
| 6315 Redbird Ter, New Franklin | $310,000 | 4 | 2 | 1,574 | Jun 26, 2026 |
| 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 |
Recently sold listings from the last 90 days, provided through the MLS IDX database. See full disclaimer below.