Real Estate Market Update for 44256 (Medina, OH)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 32% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 2%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold increased 14% year-over-year, and increased 13% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 44256 (Medina, OH)
Area Information for 44256 (Medina, OH)
  • Population: 64,113
  • Median Age: 41.2 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 481/sq mi
  • Population Change Since 2000: 24.43%
  • Closest Airport: Cleveland-hopkins International
  • Closest College: Itt Technical Institute-strongsville
  • Closest Jr. College: Ohio College Of Massotherapy
  • Median Household Income: $71,967
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $169,500
  • Closest Major Sports Team: Akron Rubberducks
  • Change Avg. Household Income Since 2000: 26.03%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 44256 (Medina, OH)
Median Age: 41.2 Married: 51% Number of Households: 24,124 Households with Children: 8,659
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 44256 (Medina, OH)

      School Name Distance Type Grades School Rating Parent Rating
      Evolve Academy 0.1 mi Public 3-11 0 0
      Garfield Elementary School 0.5 mi Public K-5 2 0
      St Francis Xavier School 0.5 mi Catholic K-8 0 0
      Claggett Middle School 0.5 mi Public 6-8 4 0
      Nurtury School 0.5 mi Private PRESCHOOL-K 0 0
      The Nurtury 0.5 mi Private K-K 0 0
      Sidney Fenn Elementary School 0.6 mi Public K-5 4 0
      Small Wonders Childcare Presch 0.7 mi Private K-K 0 0
      Small Wonders Childcare & Preschool 0.7 mi Private K-K 0 0
      Medina High School 0.8 mi Public 9-12 4 3
      Ella Canavan Elementary School 0.9 mi Public K-5 4 0
      Heritage Elementary School 1.2 mi Public K-5 4 0
      A. I. Root Middle School 1.4 mi Public 6-8 4 0
      Eliza Northrop Elementary School 1.7 mi Public PRESCHOOL-5 3 0
      H G Blake Elementary School 1.8 mi Public K-5 4 0
      Medina County Career Center 2.0 mi Public 11-12 0 0
      Medina Christian Academy 2.3 mi Private PRESCHOOL-9 0 0
      Kids Country 2.6 mi Private K-K 0 0
      Ralph E. Waite Elementary School 2.7 mi Public K-5 5 0
      The Goddard School - Medina 3.3 mi Private PRESCHOOL-K 0 0
      Buckeye Intermediate School 4.7 mi Public 4-6 0 0
      Buckeye primary School 4.7 mi Public K-3 0 0
      Buckeye High School 4.8 mi Public 9-12 4 4
      Buckeye Junior High School 4.9 mi Public 7-8 5 0
      Granger Elementary School 6.6 mi Public PRESCHOOL-5 5 0
      Highland High School 6.7 mi Public 9-12 5 4
      Highland Middle School 6.7 mi Public 6-8 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 44256 (Medina, OH)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.