Summitville, OH Foreclosures
Current Market Conditions in in Summitville, OH As of February 2026?
Over the past month, the real estate market in Summitville has shown signs of resilience, with several properties going under contract at or above the asking price. This trend indicates a growing interest in the area, with new buyers entering the market. Furthermore, the inventory level is relatively low, suggesting a competitive market as buyers vie for a limited selection of homes.
How much do homes sell for in Summitville, OH?
The average home price is currently $129,699.
What’s the average rental cost in Summitville, OH?
The average rental price in Summitville is $918.
What is the most expensive home in Summitville?
The most expensive home sold in Summitville had a price of $412,426.
What is currently the cheapest priced home in Summitville, OH?
The cheapest home for sale in Summitville is priced at $12,713.
Living in Summitville, OH
Summitville, Ohio is a small, charming hamlet that embodies tranquility and community spirit. With its scenic surroundings and friendly atmosphere, it's a perfect place for families and individuals seeking peace. The area offers various outdoor activities and is strategically located near larger towns, providing both serenity and accessibility.
Buyer vs Seller Market in Summitville, OH
The real estate market in Summitville is stable, with an increased interest in rural properties as more families look to escape urban environments. Homes have been appreciating moderately, driven by demand for larger plots and natural surroundings that the area provides.
In recent months, there has been a noticeable uptick in buyer inquiries, particularly from those interested in vacation homes or investment properties that can take advantage of the quiet lifestyle offered in Summitville.
Home Value Estimator For Summitville, OH
There are currently 36 real estate properties
in Summitville, OH,
with a median automated valuation model (AVM) price
of $112,594.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summitville, 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 Summitville, OH,
is $129,699.00, with the most expensive house
in Summitville, OH, topping out
at $412,426.00 and the cheapest home
in Summitville, OH,
clocking in at $12,713.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summitville, OH!
Rent Prices
In Summitville, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summitville, OH, is on
a rollercoaster ride. The
average rent price in Summitville, OH,
is $918.00. Indeed, when looking to rent in
Summitville, OH, you can expect to pay as little
as $690.00 or as much
as $1,350.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Summitville, 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.