Summerfield, OH Foreclosures
Current Market Conditions in in Summerfield, OH As of February 2026?
Over the past month, Summerfield saw a slight increase in home sales, signaling a growing interest in rural living. Inventory levels have remained stable, but the demand for affordable homes has led to some price increases for well-maintained properties. The trend of remote work continues to influence buyers, as many seek homes with more space and access to nature.
How much do homes sell for in Summerfield, OH?
The average home price is currently $168,510.
What’s the average rental cost in Summerfield, OH?
The average rental price in Summerfield is $1,049.
What is the most expensive home in Summerfield?
The most expensive home sold in Summerfield had a price of $645,656.
What is currently the cheapest priced home in Summerfield, OH?
The cheapest home for sale in Summerfield is priced at $11,300.
Living in Summerfield, OH
Summerfield, OH is a quaint village in Noble County known for its scenic landscapes and a tight-knit community. It is an increasingly popular destination for families and retirees looking to escape the hustle of larger cities while still maintaining access to necessary amenities. Residents enjoy a rural lifestyle with opportunities for outdoor recreation and local community events.
Buyer vs Seller Market in Summerfield, OH
The real estate market in Summerfield is relatively stable, with a good selection of homes available for both buyers and renters. Homes generally tend to sell at a reasonable pace due to the village's appealing nature and affordability, making it an attractive market for investors. There is a mix of home styles, from traditional single-family houses to some newer developments, catering to various tastes and budgets.
Summerfield's real estate market shows potential for growth as more people seek quieter living options outside cities. The demand for homes has been consistent, with first-time buyers and families showing interest in the market, bolstering prices slightly in the last year.
Home Value Estimator For Summerfield, OH
There are currently 295 real estate properties
in Summerfield, OH,
with a median automated valuation model (AVM) price
of $128,200.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summerfield, 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 Summerfield, OH,
is $168,510.00, with the most expensive house
in Summerfield, OH, topping out
at $645,656.00 and the cheapest home
in Summerfield, OH,
clocking in at $11,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summerfield, OH!
Rent Prices
In Summerfield, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summerfield, OH, is on
a rollercoaster ride. The
average rent price in Summerfield, OH,
is $1,049.00. Indeed, when looking to rent in
Summerfield, OH, you can expect to pay as little
as $710.00 or as much
as $1,910.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Summerfield, 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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