1 day on Rocket
$2,375 Closing Credit¹
#5112631, Cindy Le-Mon, Listing Office: RE/MAX Crossroads Properties
Ravenna Housing Market Report March 2025•Portage County, Ohio
Housing Prices in Ravenna, OH
How much do homes in Ravenna, OH cost?
Housing Market Conditions
Is Ravenna, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ravenna is a Seller's Market
Difference Since March 2024
Since last year, Ravenna has remained a Seller's Market.
Insight
Ravenna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$201,000$128/SqFt
+$21,000
+11.7%
Based on all homes sold in the last 12 months
Insight
Homes in Ravenna have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Ravenna was $201,000 in March 2025, up 11.7% from last year, and the median price per square foot was $128.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Ravenna | $180K | $201K | +11.7% |
| Ravenna Township | $180K | $200.7K | +11.5% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $51.8K | $149.9K | +189.3% |
| 22 Bedrooms | $120K | $129.9K | +8.3% |
| 33 Bedrooms | $190K | $200K | +5.3% |
| 44 Bedrooms | $238.2K | $290K | +21.7% |
| 55+ Bedrooms | $222.2K | $245K | +10.2% |
Summary: Ravenna housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +189.3%. The home price for 2 bedroom homes increased by +8.3%. The home price for 3 bedroom homes increased by +5.3%. The home price for 4 bedroom homes increased by +21.7%. The home price for 5 bedroom homes increased by +10.2%.
How does Ravenna, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Ravenna, OH
Housing supply in Ravenna, OH
How many homes are available in Ravenna, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 72Last MonthMar 2025 | ||
| 572 months agoFeb 2025 | +26.3 % Change MoMFeb – Mar |
Summary: The Ravenna real estate market had 72 homes for sale in Mar 2025, a 26.3 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthMar 2025 | ||
| 172 months agoFeb 2025 | +11.8 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 8 | 8 | 0.0% |
| 33 Bedrooms | 36 | 48 | +33.3% |
| 44 Bedrooms | 9 | 11 | +22.2% |
| 55+ Bedrooms | 4 | 5 | +25.0% |
Summary: Ravenna housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +22.2%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Ravenna, OH cost?
Over Asking Price6 Homes
At Asking Price4 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in Ravenna, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Ravenna in March 2025, up by 11.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and and 32% were sold over asking.
Days on Market for Ravenna, OH
How long does it take to sell a home in Ravenna, OH?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days7 Homes
Over 90 Days4 Homes
Insight
Many homes in Ravenna are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 19 homes were sold in Ravenna; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 45 DaysThis YearMar 2025 | ||
| 50 Days1 year agoMar 2024 | -10.3 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Ravenna had an average listing age of 45 days in Mar 2025, down by 10.3% compared to the previous year.
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Newest Listings in Ravenna, OH
What homes are available in Ravenna, OH?
2 days on Rocket
#5112369, DJ Whaley, Listing Office: RE/MAX Oasis Dream Homes
3 days on Rocket
$3,324 Closing Credit¹
#5112355, Cindy Le-Mon, Listing Office: RE/MAX Crossroads Properties
4 days on Rocket
$2,849 Closing Credit¹
#5111992, Jacob A Der, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
6 days on RocketBackup offers
$4,382 Closing Credit¹
#5111621, Ryan Poland, Listing Office: Jack Kohl Realty
6 days on Rocket
$2,494 Closing Credit¹
#5110582, Shawn Scalia, Listing Office: Pathway Real Estate
$451 Closing Credit¹
#5110856, Dianne Bradfield, Listing Office: Century 21 Goldfire Realty
#5109676, Melissa Baynes, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Backup offers
$3,443 Closing Credit¹
#5106183, Heather L Lutz Neal, Listing Office: Century 21 Goldfire Realty
$1,602 Closing Credit¹
#5109253, Lisa Irwin, Listing Office: HomeSmart Real Estate Momentum LLC
$2,196 Closing Credit¹
#5108966, Nick Polichena, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
#5108356, Roxanne R Simon, Listing Office: Jack Kohl Realty
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 04/01/2023 - 04/01/2025
Copyright 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: 4/9/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.