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Sarah Mitchell

CNESRESABR

Compass Real Estate · Oberlin, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Oberlin, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Oberlin, OH Housing Market & Real Estate

Balanced market-23.6% YoY

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?

Balanced market2.5 months of supply62 avg. days on 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?

Current housing market statistics for Oberlin, OH
MetricValue
Median sale price$215,950
Median list price$242,450
Year-over-year price change-23.6%
Average days on market62 days
Active inventory15 listings
Months of supply2.5 months
Sale-to-list price ratio96.9%
Median price per sq ft$142/sq ft
Homes sold (latest month)6
New listings (latest month)8
Listings with a price cut33.3%
Market conditionBalanced 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.

Median price, price per square foot, homes sold and days on market by property type in Oberlin, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$239,900$149/sq ft556 days
Condo / Co-op$206,0001130 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

Price drops:33.3%of listings
Sale-to-list:96.9%

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

Vocational

Firelands Elementary School

Grades K-5 · 791 students

Public

Firelands High School

Grades 9-12 · 519 students

Public

Firelands Middle School

Grades 6-8 · 417 students

Public

Oberlin Elementary School

Grades PK-5 · 361 students

Public

Oberlin High School

Grades 9-12 · 225 students

Public

Langston Middle School

Grades 6-8 · 196 students

Public

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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