Fairlawn, OH Foreclosures
Current Market Conditions in in Fairlawn, OH As of February 2026?
Over the past month, Fairlawn has seen a slight uptick in home prices, attributed to a growing demand as more buyers are entering the market. While inventory levels have increased slightly, they still remain below the ideal conditions for buyers, leading to multiple offer situations in many listings. The ongoing appeal of suburban living, coupled with Fairlawn's desirable amenities, continues to attract buyers, thereby sustaining a positive trend in property values.
How much do homes sell for in Fairlawn, OH?
The average home price is currently $365,347.
In Fairlawn, OH, how many homes are available?
There are currently 11 active home listings available in Fairlawn.
What’s the average rental cost in Fairlawn, OH?
The average rental price in Fairlawn is $1,546.
What is the most expensive home in Fairlawn?
The most expensive home sold in Fairlawn had a price of $13,082,760.
What is currently the cheapest priced home in Fairlawn, OH?
The cheapest home for sale in Fairlawn is priced at $19,278.
Living in Fairlawn, OH
Fairlawn, Ohio, is an inviting suburban community located near Akron, offering a blend of residential charm and modern amenities. Residents enjoy access to excellent schools, beautiful parks, and a wide variety of shopping and dining options. With its family-friendly atmosphere and convenient location, Fairlawn has become a sought-after area for those seeking a peaceful yet vibrant lifestyle.
Buyer vs Seller Market in Fairlawn, OH
The real estate market in Fairlawn is currently favorable for both buyers and sellers, characterized by a steady demand for properties. With an array of homes available, ranging from modest single-family houses to larger estates, buyers have diverse options to choose from, which contributes to the area’s growth in popularity.
Prices in Fairlawn tend to be stable, with an increasing trend observed over the past year due to the attractive suburban lifestyle and proximity to Akron. Investors are taking note of the potential rental income opportunities, given the strong demand for housing in the area.
Overall, Fairlawn’s real estate market remains competitive, drawing interest from new families moving into the area and local buyers looking to upgrade or downsize.
Home Value Estimator For Fairlawn, OH
There are currently 2,994 real estate properties
in Fairlawn, OH,
with a median automated valuation model (AVM) price
of $310,591.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairlawn, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fairlawn, OH,
is $365,347.00, with the most expensive house
in Fairlawn, OH, topping out
at $13,082,760.00 and the cheapest home
in Fairlawn, OH,
clocking in at $19,278.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairlawn, OH!
Rent Prices
In Fairlawn, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairlawn, OH, is on
a rollercoaster ride. The
average rent price in Fairlawn, OH,
is $1,546.00. Indeed, when looking to rent in
Fairlawn, OH, you can expect to pay as little
as $790.00 or as much
as $2,540.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Fairlawn, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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