Fairlawn Heights Housing Market Report April 2025•Summit County, Ohio

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Housing Prices in Fairlawn Heights, OH

How much do homes in Fairlawn Heights, OH cost?

Housing Market Conditions

Is Fairlawn Heights, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Fairlawn Heights is a Seller's Market

Difference Since April 2024

Since last year, Fairlawn Heights has remained a Seller's Market.

Insight

Fairlawn Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$314,000$150/SqFt
-$16,000
-4.8%

Based on all homes sold in the last 12 months

Insight

Homes in Fairlawn Heights have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in Fairlawn Heights was $314,000 in April 2025, down 4.8% from last year, and the median price per square foot was $150.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Wallhaven
+13.0%
Northwest Akron
+6.4%
Fairlawn Heights
-4.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1--
N/A
2$188K$191.7K
+2.0%
3$253.5K$255K
+0.6%
4$460K$445K
-3.3%
5$701K$708.7K
+1.1%

Summary: Fairlawn Heights housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.0%. The home price for 3 bedroom homes increased by +0.6%. The home price for 4 bedroom homes decreased by -3.3%. The home price for 5 bedroom homes increased by +1.1%.

How does Fairlawn Heights, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Fairlawn Heights, OH

Housing supply in Fairlawn Heights, OH

How many homes are available in Fairlawn Heights, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
8Last MonthApr 2025
102 months agoMar 2025
-20.0 %
Change MoMMar – Apr

Summary: The Fairlawn Heights real estate market had 8 homes for sale in Apr 2025, a 20.0 % decrease compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthApr 2025
42 months agoMar 2025
-50.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
242
-50.0%
321
-50.0%
424
+100.0%
521
-50.0%

Summary: Fairlawn Heights housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in Fairlawn Heights, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Fairlawn Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Fairlawn Heights in April 2025, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Fairlawn Heights, OH

How long does it take to sell a home in Fairlawn Heights, OH?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Fairlawn Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 2 homes were sold in Fairlawn Heights; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
20 DaysThis YearApr 2025
38 Days1 year agoApr 2024
-48.3 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Fairlawn Heights had an average listing age of 20 days in Apr 2025, down by 48.3% compared to the previous year.

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Newest Listings in Fairlawn Heights, OH

What homes are available in Fairlawn Heights, OH?

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MLS Disclaimers and Copyright

Based on information from MLS Now, for the period 05/01/2023 - 05/01/2025

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.