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Featured local agent — Fairlawn, OH
Sarah Mitchell
Compass Real Estate · Fairlawn, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairlawn, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$405,000median sale price
How is the Fairlawn, OH housing market right now?
The median home sale price in Fairlawn, OH is $405,000, up 1.3% year-over-year. Homes sell in an average of 22 days with 28 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairlawn a buyer's or seller's market?
Fairlawn, OH is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
22
Average pace
Active listings
28
1.9 months supply
Sale-to-list
101.9%
Above asking
What does the Fairlawn housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $405,000 |
| Median list price | $359,500 |
| Year-over-year price change | +1.3% |
| Average days on market | 22 days |
| Active inventory | 28 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 101.9% |
| Median price per sq ft | $191/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 19 |
| Listings with a price cut | 39.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fairlawn by property type?
How the Fairlawn, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $537,000 | $214/sq ft | 10 | 15 days |
| Condo / Co-op | $196,000 | $149/sq ft | 4 | 110 days |
| Townhouse | $499,999 | $251/sq ft | 1 | 54 days |
Source: Redfin · Updated monthly
The Fairlawn housing market is currently classified as a strong seller's market with a median sale price of $405,000. Prices have risen 1.3% compared to last year, with homes spending an average of 22 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Fairlawn
There are currently 28 homes listed for sale in Fairlawn, Ohio. The median listing price is $360K.
Active listings
28
Homes on market
Median list price
$360K
Avg. days on market
22
Days until sale
New this week
19
Newly listed
Who lives in Fairlawn?
Population
7,689
Median income
$93,154/yr
Median age
41.9 years
Owner-occupied
75.3%
College grads
53.1%
Avg commute
17.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Fairlawn?
Zillow home value
$324,259
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Fairlawn?
Fairlawn is a community of approximately 8K residents with a median age of 41.9 years.The median household income is $93,154, which reflects a relatively affluent area with strong earning potential. 53.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairlawn offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fairlawn?
2 schools tracked · 627 students
The largest public schools serving Fairlawn, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Fort Island Primary Elementary School
Grades K-4 · 375 students
Herberich Primary Elementary School
Grades K-4 · 252 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fairlawn, OH?
Want a head-to-head view? Compare Fairlawn side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fairlawn?
The median home sale price in Fairlawn is $405,000, up 1.3% from last year.
How long do homes stay on market in Fairlawn?
Homes typically spend 22 days on market before going under contract.
What is the median income in Fairlawn?
The median household income is $93,154 per year.
Is Fairlawn a buyer's or seller's market?
With 1.9 months of supply, Fairlawn is currently a strong seller's market.
What is the Zillow home value estimate for Fairlawn?
The Zillow Home Value Index (ZHVI) for Fairlawn is $324,259, representing the typical home value in the area.
What is the median condo price in Fairlawn?
The median condo/co-op sale price in Fairlawn, OH is $196,000, compared to $537,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fairlawn?
The median single-family home price in Fairlawn, OH is $537,000 (about $214 per square foot).
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