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Montrose-Ghent, OH

Full City Profile · Ohio · Summit County County

4.0 /5.0
A Great
5,946 Population 633/sq mi density
$175,781 Median Income $109,776 per capita
$517,900 Home Value $507,250 Zillow
$2,721 Median Rent 30.2% income on rent
49°F Avg Temperature 275 sunny days/yr
686 Violent Crime/100K 4,579 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$175,781 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$517,900 home value, $2,721/mo rent
F
Safety
1.0 / 5.0
686 violent crimes/100K (81% above avg)
A+
Education
5.0 / 5.0
78.8% bachelor's degree or higher

Housing Overview

Median Home Value
$517,900
84% above
US avg: $281,900
Median Rent
$2,721/mo
134% above
US avg: $1,163/mo
Homeownership Rate
92.3%
41% above US avg (65.4%)
Total Housing Units
2,377
Median year built: 1973

Home Value by Source

Census Median
$517,900
Zillow (ZHVI)
$507,250
Median Sale Price
$445,000
Median List Price
$885,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

92.3%
Owner-Occupied
7.7%
Renter-Occupied
92%
8%
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: $2,721/mo

Market Indicators (Redfin)

Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$165
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
30.2%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
92.3%

Complete Housing Data

Home Values

Census Median Value$517,900
Zillow Home Value (ZHVI)$507,250
Median Sale Price$445,000
Median List Price$885,000
Price Per Sq Ft$165

Rent

Census Median Rent$2,721
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 Market25
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold5
Active Inventory6
Price Per Sq Ft$165

Ownership & Stock

Owner-Occupied92.3%
Renter-Occupied7.7%
Homeownership Rate92.3%
Total Housing Units2,377
Median Year Built1973
Rent Burden30.2%