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Macedonia, OH

Full City Profile · Ohio · Summit County County

3.8 /5.0
B+ Good
12,142 Population 1,248/sq mi density
$108,059 Median Income $54,898 per capita
$294,500 Home Value $332,198 Zillow
$2,024 Median Rent 44.0% income on rent
52°F Avg Temperature 275 sunny days/yr
219 Violent Crime/100K 1,396 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$108,059 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$294,500 home value, $2,024/mo rent
F
Safety
1.0 / 5.0
219 violent crimes/100K
A
Education
4.3 / 5.0
40.8% bachelor's degree or higher

Housing Overview

Median Home Value
$294,500
4% above
US avg: $281,900
Median Rent
$2,024/mo
74% above
US avg: $1,163/mo
Homeownership Rate
89.9%
37% above US avg (65.4%)
Total Housing Units
4,971
Median year built: 1992

Home Value by Source

Census Median
$294,500
Zillow (ZHVI)
$332,198
Median Sale Price
$287,000
Median List Price
$262,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.9%
Owner-Occupied
10.1%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $2,024/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$172
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
44.0%
of renters spending 30%+ of income on housing
42% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
89.9%

Complete Housing Data

Home Values

Census Median Value$294,500
Zillow Home Value (ZHVI)$332,198
Median Sale Price$287,000
Median List Price$262,000
Price Per Sq Ft$172

Rent

Census Median Rent$2,024
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market29
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold9
Active Inventory8
Price Per Sq Ft$172

Ownership & Stock

Owner-Occupied89.9%
Renter-Occupied10.1%
Homeownership Rate89.9%
Total Housing Units4,971
Median Year Built1992
Rent Burden44.0%