Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 538,087 ↓ 0.4% since 2020 |
| Median Household Income | $71,016 5% below national median |
| Median Home Value | $195,700 |
| Unemployment Rate | 5.2% |
| Median Age | 41.2 years |
| Housing Vacancy Rate | 7.2% |
| Total Land Sales (Past 12 Months) | 199 transactions |
| Active Listings | 156 properties |
| Avg Days on Market | 220 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $43,352 |
| Recent Sales | 89 transactions |
| Avg Days on Market | 216 days |
| Avg Parcel Size | 6.30 acres |
| Active Listings | 54 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 4.00 | $50,000 | $12,500 | Twinsburg |
| Mar 2026 | 11.04 | $210,000 | $19,022 | Akron |
| Feb 2026 | 14.33 | $360,000 | $25,121 | Uniontown |
| Feb 2026 | 2.25 | $40,000 | $17,778 | Clinton |
| Feb 2026 | 4.89 | $249,500 | $51,022 | Tallmadge |
| Jan 2026 | 1.93 | $120,000 | $62,176 | Twinsburg |
| Jan 2026 | 2.81 | $299,243 | $106,671 | Tallmadge |
| Jan 2026 | 1.06 | $42,000 | $39,623 | Uniontown |
| Jan 2026 | 2.39 | $30,250 | $12,657 | Akron |
| Jan 2026 | 23.32 | $759,000 | $32,547 | Kennesaw |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $35,000 |
| Recent Sales | 110 transactions |
| Avg Days on Market | 223 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 102 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.79 | $44,000 | Barberton |
| Mar 2026 | 0.12 | $3,250 | Akron |
| Mar 2026 | 0.39 | $135,000 | Uniontown |
| Feb 2026 | 0.45 | $140,000 | Twinsburg |
| Feb 2026 | 0.75 | $25,500 | Akron |
| Feb 2026 | 0.11 | $325 | Barberton |
| Feb 2026 | 0.16 | $47,500 | Northfield |
| Feb 2026 | 0.75 | $25,500 | Akron |
| Feb 2026 | 0.46 | $39,000 | Northfield |
| Feb 2026 | 0.17 | $47,650 | Akron |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 538,087 |
| Population (2020) | 540,428 |
| Population Growth | -0.43% |
| Median Household Income | $71,016 |
| Median Home Value | $195,700 |
| Total Housing Units | 247,239 |
| Vacant Housing Units | 17,736 |
| Housing Vacancy Rate | 7.2% |
| Median Age | 41.2 |
| Bachelor's Degree or Higher | 85,408 (15.9%) |
| Unemployment Rate (BLS) | 4.3% |
Market Overview
Summit County, Ohio has a population of 538,087, which has declined 0.43% since 2020. The median household income is $71,016, below the national median of $74,580 by 4.8%. With a median home value of $195,700 and an unemployment rate of 4.3%, the local economy is moderate. The housing vacancy rate of 7.2% suggests balanced market conditions. Summit County is part of Ohio's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $43,352 per acre, with properties averaging 6.30 acres. There are currently 156 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Summit County, Ohio?
As of the 2023 American Community Survey, Summit County has a population of 538,087. The county has declined 0.43% since the 2020 Census.
What is the median household income in Summit County?
The median household income in Summit County is $71,016, which is 4.8% below the national median of $74,580.
Is Summit County growing or shrinking?
Summit County is shrinking. The population has declined 0.43% since 2020.
What is the housing market like in Summit County?
The median home value in Summit County is $195,700. The housing vacancy rate is 7.2%, which suggests balanced market conditions. The unemployment rate is 4.3%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $43,352 per acre. Suburban/urban lots under 1 acre have a median lot price of $35,000.
Does Reelvest buy land in Summit County, Ohio?
Yes! Reelvest Properties buys vacant land throughout Ohio, including Summit County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.