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Featured local agent — Ravenna, OH
Sarah Mitchell
Compass Real Estate · Ravenna, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ravenna, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$225,000median sale price
How is the Ravenna, OH housing market right now?
The median home sale price in Ravenna, OH is $225,000, up 18.4% year-over-year. Homes sell in an average of 21 days with 14 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 Ravenna a buyer's or seller's market?
Ravenna, OH is currently a strong seller's market, based on 1.3 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
21
Average pace
Active listings
14
1.3 months supply
Sale-to-list
101.4%
Above asking
What does the Ravenna housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $249,000 |
| Year-over-year price change | +18.4% |
| Average days on market | 21 days |
| Active inventory | 14 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 11 |
| Listings with a price cut | 42.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Ravenna by property type?
How the Ravenna, 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 | $225,000 | $159/sq ft | 11 | 21 days |
| Condo / Co-op | $189,000 | $175/sq ft | 1 | 155 days |
Source: Redfin · Updated monthly
The Ravenna housing market is currently classified as a strong seller's market with a median sale price of $225,000. Prices have risen 18.4% compared to last year, with homes spending an average of 21 days on market, indicating 1.3 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 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Ravenna
There are currently 14 homes listed for sale in Ravenna, Ohio. The median listing price is $249K.
Active listings
14
Homes on market
Median list price
$249K
Avg. days on market
21
Days until sale
New this week
11
Newly listed
Who lives in Ravenna?
Population
11,286
Median income
$52,368/yr
Median age
38 years
Owner-occupied
49.8%
College grads
20.4%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Ravenna?
Zillow home value
$225,899
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Ravenna?
Ravenna is a community of approximately 11K residents with a median age of 38 years.The median household income is $52,368, which represents a working-class community with solid middle-income opportunities. 20.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.8%, showing a blend of owner and renter-occupied properties. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ravenna offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ravenna?
10 schools tracked · 3,654 students
The largest public schools serving Ravenna, 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.
Maplewood Career Center Building
Grades 11-12 · 648 students
Ravenna High School
Grades 9-12 · 560 students
Brown Middle School
Grades 5-8 · 524 students
Southeast High School
Grades 9-12 · 414 students
Southeast Primary Elementary School
Grades K-2 · 326 students
Southeast Intermediate Elementary School
Grades 3-5 · 318 students
West Main Elementary School
Grades 3-4 · 301 students
Willyard Elementary School
Grades 1-2 · 280 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 Ravenna, OH?
Want a head-to-head view? Compare Ravenna side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ravenna?
The median home sale price in Ravenna is $225,000, up 18.4% from last year.
How long do homes stay on market in Ravenna?
Homes typically spend 21 days on market before going under contract.
What is the median income in Ravenna?
The median household income is $52,368 per year.
Is Ravenna a buyer's or seller's market?
With 1.3 months of supply, Ravenna is currently a strong seller's market.
What is the Zillow home value estimate for Ravenna?
The Zillow Home Value Index (ZHVI) for Ravenna is $225,899, representing the typical home value in the area.
What is the median condo price in Ravenna?
The median condo/co-op sale price in Ravenna, OH is $189,000, compared to $225,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ravenna?
The median single-family home price in Ravenna, OH is $225,000 (about $159 per square foot).
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