Ravenna

Situated in Portage County, this northeast Ohio city of 11,286 residents currently has 44 active listings on the market. The median home price sits at $230,000, with buyers paying approximately $148 per square foot for properties that average 2,316 square feet in size. That combination offers a relatively spacious footprint at a moderate price point compared to many Ohio metros. The median household income of $52,368 and an owner-occupied rate of 49.8% reflect a community where renters and owners are split nearly evenly, suggesting consistent demand across both segments of the housing market. Families with children would be served by Ravenna City School District, which covers the area. The current inventory of 44 homes gives buyers a reasonable selection without the oversupply that can signal a softening market. Overall, the data points to a modestly priced, mid-sized residential market with stable fundamentals rooted in its Portage County location.

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