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Featured local agent — Oberlin, OH
Sarah Mitchell
Compass Real Estate · Oberlin, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oberlin, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$215,950median sale price
How is the Oberlin, OH housing market right now?
The median home sale price in Oberlin, OH is $215,950, down 23.6% year-over-year. Homes sell in an average of 62 days with 15 active listings. The market is currently a balanced 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 Oberlin a buyer's or seller's market?
Oberlin, OH is currently a balanced market, based on 2.5 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
62
Average pace
Active listings
15
2.5 months supply
Sale-to-list
96.9%
Below asking
What does the Oberlin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $215,950 |
| Median list price | $242,450 |
| Year-over-year price change | -23.6% |
| Average days on market | 62 days |
| Active inventory | 15 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 96.9% |
| Median price per sq ft | $142/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 8 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Oberlin by property type?
How the Oberlin, 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 | $239,900 | $149/sq ft | 5 | 56 days |
| Condo / Co-op | $206,000 | — | 1 | 130 days |
Source: Redfin · Updated monthly
The Oberlin housing market is currently classified as a balanced market with a median sale price of $215,950. Prices have fallen 23.6% compared to last year, with homes spending an average of 62 days on market, indicating 2.5 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 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Oberlin
There are currently 15 homes listed for sale in Oberlin, Ohio. The median listing price is $242K.
Active listings
15
Homes on market
Median list price
$242K
Avg. days on market
62
Days until sale
New this week
8
Newly listed
Who lives in Oberlin?
Population
8,054
Median income
$73,775/yr
Median age
24.2 years
Owner-occupied
57.0%
College grads
54.6%
Avg commute
16.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Oberlin?
Zillow home value
$250,234
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Oberlin?
Oberlin is a community of approximately 8K residents with a median age of 24.2 years.The median household income is $73,775, which represents a working-class community with solid middle-income opportunities. 54.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 57.0%, showing a blend of owner and renter-occupied properties. The average commute time is 16.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oberlin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oberlin?
7 schools tracked · 3,731 students
The largest public schools serving Oberlin, 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.
William R Burton
Grades 8-12 · 1,222 students
Firelands Elementary School
Grades K-5 · 791 students
Firelands High School
Grades 9-12 · 519 students
Firelands Middle School
Grades 6-8 · 417 students
Oberlin Elementary School
Grades PK-5 · 361 students
Oberlin High School
Grades 9-12 · 225 students
Langston Middle School
Grades 6-8 · 196 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 Oberlin, OH?
Want a head-to-head view? Compare Oberlin side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oberlin?
The median home sale price in Oberlin is $215,950, down 23.6% from last year.
How long do homes stay on market in Oberlin?
Homes typically spend 62 days on market before going under contract.
What is the median income in Oberlin?
The median household income is $73,775 per year.
Is Oberlin a buyer's or seller's market?
With 2.5 months of supply, Oberlin is currently a balanced market.
What is the Zillow home value estimate for Oberlin?
The Zillow Home Value Index (ZHVI) for Oberlin is $250,234, representing the typical home value in the area.
What is the median condo price in Oberlin?
The median condo/co-op sale price in Oberlin, OH is $206,000, compared to $239,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oberlin?
The median single-family home price in Oberlin, OH is $239,900 (about $149 per square foot).
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